Framingham, Mass.—The worldwide market for smartphones took a sharp upward turn in the second quarter, growing 52.3% over the same period a year earlier, according to a report from IDC.
According to IDC's “Worldwide Quarterly Mobile Phone Tracker” report, global shipments of 237.9 million units in the second quarter represented the highest annual growth rate in five quarters. Samsung, on the heels of its Galaxy S4 launch during the quarter, saw its volume reach a record level and accounted for 30.4% of the smartphone market.
Apple Inc.'s iPhone 5 model drove the company's share to 13.1% of the global market. Other significant players included smartphones from LG Corp. (5.1%), Lenovo Group (5.1%) and ZTE Corp. (4.2%).