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Samsung Sold One Third of Smartphones as IPhone Slows

Samsung Electronics Co. captured a third of the global smartphone market in the first quarter as growth for Apple Inc.’s iPhone dropped to its slowest pace ever, according to data released by Strategy Analytics.

Shipments of Samsung smartphones surged 56 percent to 69.4 million units in the March quarter, Boston-based Strategy Analytics said in an e-mailed statement yesterday. Apple iPhone shipments rose 6.6 percent to 37.4 million units, while LG Electronics Inc. gained third place for the first time, it said.