Smartphone shipments for Apple and Samsung declined in the fourth quarter globally, as they grapple with intense competition from Chinese companies including Xiaomi, according to preliminary data from the International Data Corporation (IDC) on Monday.

Apple’s worldwide shipments decreased 4.1% to 76.9 million units in the fourth quarter, whereas Samsung’s decreased 2.7% to 51.7 million units.

Apple (AAPL.US) and Samsung's global smartphone shipments sank in 4Q24, according to preliminary data from IDC, in wake of stiff competition from Chinese companies. Apple's global shipments lost 4.1% to 76.