While Apple is widely expected to unveil the latest version of the Apple iPhone in September, Samsung will launch its Galaxy Note 8 handset on 23 August. The two market leaders are seeing rivals, mainly from China, chip away at market share, creating pressure to showcase innovation, say analysts. Some reports say Apple could release as many as three new handsets, including an “iPhone Pro” aimed at capturing the high end of the market. The South Korean giant maintained the top spot with a 23.3% market share, while Apple held onto second place with 12%, according to IDC. The Chinese electronics giant closed the gap with Apple, adding two percentage points to market share from a year earlier, according to the survey.

Source: Mint August 20, 2017 13:41 UTC