Shipment volume of Taiwanese smartphone brands topped around 78.1 million units in the second quarter of 2014, up 65% sequentially and 13.8% year-on-year.

Lackluster sales of HTC M8 had dragged down the industry's growth rate and led to a higher inventory level, thereby slowing shipments for M8 in the subsequent quarter. Among other things, the shortage of several components used in ASUS ZenFone models also significantly affected ASUS' shipments in the second quarter.