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    NjiaPay: South African Fintech Startup Reshaping Payment Solutions for African Businesses

    NjiaPay: South African Fintech Startup Reshaping Payment Solutions for African Businesses

    Ghana’s Kofa Secures $8.1M Pre-Series A Funding to Drive Clean Energy Access Across Urban Africa

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    South Africa’s CureRoot Leverages AI to Unlock New Medicines from African Medicinal Plants

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    SA’s Peach Payments Expands into Francophone Africa with PayDunya Acquisition

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    Egypt’s Enza Secures $6.75M to Drive Financial Inclusion in Africa

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    South African Prop-Tech Startup Preferental Unveils Innovative Tenant-Screening App

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    LoftyInc Capital Secures $43 Million for First Close of New Pan-African Seed Fund

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    NjiaPay: South African Fintech Startup Reshaping Payment Solutions for African Businesses

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    Ghana’s Kofa Secures $8.1M Pre-Series A Funding to Drive Clean Energy Access Across Urban Africa

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    Kenyan Tourism Venture Studio Purple Elephant Ventures Increases Seed Round to $5 Million

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    SA’s Peach Payments Expands into Francophone Africa with PayDunya Acquisition

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    LoftyInc Capital Secures $43 Million for First Close of New Pan-African Seed Fund

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    iPhone 16 Sales Surge 20% in China, Signaling a Strong Comeback

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    One Direction Star Liam Payne Dies after Hotel Balcony Fall

    One Direction Star Liam Payne Dies after Hotel Balcony Fall

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    It’s important to set boundaries in entertainment industry – Reminisce

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    Flying Eagles moves to Ikenne for camping in prep for 2024 WAFU B U20 Championship in Togo

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    Jagun Jagun secures 7 nominations at 2024 AMAA

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After Five Years, Apple Regains Lead as Global Smartphone Provider

by Eucharia Egwuma
February 23, 2021
in Business
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After Five Years, Apple Regains Lead as Global Smartphone Provider
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Apple shipped more smartphones in the fourth quarter of 2020 than any other company, including its biggest rival, Samsung. This is the first time since 2016 that Apple has been on top of the worldwide smartphone sales chart.

According to Gartner smartphone sales report, smartphone sales declined worldwide by 5% in the fourth quarter of 2020, as Apple secured the top spot for the first time since 2016.

The launch of the 5G iPhone 12 series helped Apple record double-digit growth in the fourth quarter of 2020 surpassing Samsung to retake the No. 1 global smartphone vendor spot.

Samsung has been on the top spot for a few years, but after Apple released the new iPhone 12 models, Apple surpassed Samsung with 20.8% of the global smartphone market in the fourth quarter.

Samsung came second on the chart with a 16.2% market share followed by Xiaomi with 11.3%, OPPO with an 8.9% market share before Huawei.

Due to the ban on the use of Google applications on Huawei’s smartphones, the company recorded the highest decline among the top five smartphone vendors which negatively affected its sales.

Samsung showed a decline in sales in 2020. while Apple was one of the few, along with Xiaomi, that showed growth over the entire year.

According to CNBC, Apple shipped nearly 80 million units in the quarter, surpassing all other smartphone makers including Samsung. Apple’s business is seasonal and the quarter ending in December is the company’s biggest in terms of sales.

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