Samsung Electronics came in first in the world in sales of smartphones

News

Samsung Electronics came in first in the world in sales of smartphones

03.11.2020 News

South Korean company Samsung Electronics in the third quarter of this year took first place in the global smartphone market. This was reported on Friday by KBS, citing data from the international research company Counterpoint Research.

According to this data, during this period, Samsung controlled 22% of the world market. In second place is the Chinese manufacturer Huawei – 14%, in third place Xiaomi – 13%. Next are Apple – 11% and Oppo – 8%. Thus, the South Korean manufacturer regained the lead, which it lost to Huawei in the second quarter, according to KBS.

There are reports of high sales of Galaxy A-series smartphones in the US and M-series in India. Given the positive reaction of buyers to Apple’s new iPhone 12, the US company is expected to improve its position in the fourth quarter. A total of 366 million smartphones were shipped to the world market in the third quarter. This is 32% more than in the previous quarter.

Sales of Samsung Electronics in the third quarter of this year increased by 8% and reached a record high for the quarter, amounting to 67 trillion won ($ 59 billion). Operating profit increased by 58.8% during the period. Experts in Seoul attribute this phenomenon, in particular, to the growing demand for household appliances and smartphones in the context of a coronavirus pandemic.

Other articles

  • Apple announced the third presentation since the beginning of the year
    News

    Apple announced the third presentation since the beginning of the year

    Apple has announced that it will hold a presentation of new products next week – the third since the beginning of 2020. According to the company’s website, the event will be broadcast from the head office in California on Tuesday, November 10. The company announces the event with the words “One More Thing”. This phrase, […]

  • Amazon reported a 37% increase in revenue
    News

    Amazon reported a 37% increase in revenue

    Shares of Amazon, which rose by 73.8% since the beginning of the year (more than the growth of Apple, Microsoft, Google and Facebook), fell 2% after closing trading on Thursday, when the company released a report for the 3rd quarter, which ended September 30. Amazon set a new revenue record, e-commerce increased sales by 57% […]

  • Twitter shares fell more than 17%
    News

    Twitter shares fell more than 17%

    According to trading data, securities of the microblogging service Twitter Inc. after the close of the main trading session in the US fell in price by more than 17%, also according to financial statements, in the red were the shares of US technology giants Amazon, Apple and Facebook, only Alphabet reporting pleased investors. Thus, shares […]

  • Apple’s quarterly revenue broke the record
    News

    Apple’s quarterly revenue broke the record

    American gadget manufacturer Apple Inc. in July-September reduced net income to $ 12.67 billion, or $ 0.73 per share, compared to $ 13.68 billion, or $ 0.76 per share, for the same period in 2019. Stock analysts forecast a rate of $ 0.71 per share. Apple’s quarterly revenue grew 1% year on year to $ […]

  • Apple has intensified its work on a competitor to Google search
    News

    Apple has intensified its work on a competitor to Google search

    Apple has intensified work on its own search service, which will become a competitor to Google, writes the Financial Times, citing interlocutors in the mobile industry. One of the signs of this, the interlocutors called the fact that after updating the iOS operating system, Apple began to show its own search results and provide direct […]

  • Apple, Alphabet, Facebook and Amazon report earnings this week
    News

    Apple, Alphabet, Facebook and Amazon report earnings this week

    In the last week of October, investors expect a lot of news, as more than one-third of the components of the S&P 500 index, or 186 companies, must report financial results for the third quarter. The information field is even richer given the election race in the United States, the situation with the pandemic and […]

  • Intel will sell for $ 9 billion divisions to produce memory chips
    News

    Intel will sell for $ 9 billion divisions to produce memory chips

    Intel Corp. sells to South Korean the SK Hynix Inc. unit in the field of manufacture NAND memory chips and the storage devices for $ 9 billion. The agreement includes manufacturing operations for NAND chips SSD-drives, NAND components and semiconductor wafers, said in the press release from Intel. SK Hynix will also receive the plant […]

Read also

Samsung Electronics came in first in the world in sales of smartphones
News

Ericsson and Apple decided a patent dispute out of court

Last winter two well-known manufacturers of technique went to court with counter-accusations of patent infringement. Apple representatives accused their Swedish competitors in the application of technologies in the transmission network, the Swedes responded by suing a counter statement in which it accused Apple of using of their cellular technologies in the production of its equipment. […]

Next
Samsung Electronics came in first in the world in sales of smartphones
News

Shares in the Chinese markets are falling rapidly after a brokerage scandal

Shares continue to fall in the Chinese stock market. Two major Chinese exchanges experienced a sharp decline in prices. One reason for this is the fact of fraud in the local exchange market. It will be recalled that, that the employees of the two major Chinese exchanges in the summer of 2015 are under investigation. […]

Next
Samsung Electronics came in first in the world in sales of smartphones
News

The retail market of Ukraine demonstrates faint signs of life: others have been in Top for a long time

In the retail market development in Ukraine and the world retail market there is radical alterity. While the latter is actively developing, Ukrainian began to show some improvements only in 2016. On the prospects of the global sector and the domestic situation shed light Ukrainian company Deloitte, which provides audit areas, tax, consulting and corporate […]

Next
Samsung Electronics came in first in the world in sales of smartphones
Analytics

Commercial real estate of Ukraine

Today the commercial real estate market is experiencing not its best times. Expectations of both demand and supply growth, and, indirectly, the expectation of economic growth in general are the overall trends of recent years. Current market situation and perspectives Retail turnover for the last year amounted to 1 trillion 159 billion and 271 million […]

Next
Samsung Electronics came in first in the world in sales of smartphones
News

Tesla increased the production and supplies in the third quarter by one and a half times

Production and supplies of the American manufacturer of the electric vehicles Tesla grew in the third quarter of 2020 by almost 1.5 times a year, the company said in the release. Therefore, Tesla’s deliveries in the third quarter amounted to 139.3 thousand against 97 thousand in 2019, and the production – 145.036 thousand compared with […]

Next
Samsung Electronics came in first in the world in sales of smartphones
News

Pornhub presented a festive collection of merchandise

Pornhub has released the Christmas mercury collection XXXMas Collection. The company posted information about the holiday range on its website. The collection includes Christmas sweaters made of acrylic yarn in three colors: branded black and orange, red and white and green. Also on the site you can buy a hat, scarf, pants with the Pornhub […]

Next
Samsung Electronics came in first in the world in sales of smartphones
News

Twitter shares up by 7%

Twitter shares that have risen by 10.5% since the beginning of the year rose by 7.34% on Wednesday in the announcement of plans to launch the Gryphon subscription platform. Twitter posted an ad for a “senior division engineer” on its website in the vacancies section. Twitter did not comment anything, but investors were happy to […]

Next
Samsung Electronics came in first in the world in sales of smartphones
News

Shares of cruise company Royal Caribbean rose on 10% against of the background of optimistic forecasts

Shares of cruise company Royal Caribbean, which decreased by 57% since the beginning of the year, rose for the last quarter and closed with an increase of 10% to $ 57.31 per share on Monday after the publication of the financial results of the second quarter. Investor`s optimism is based on Royal Caribbean management’s statements […]

Next
Samsung Electronics came in first in the world in sales of smartphones
News

Nezhin fat plant invests $ 50 mln. in the construction of oil-extracting factory

Recently was received an information that Nezhin fat plant will invest in the construction of a new oil-extracting factory. The Company appraises  the need for investment in the construction of this plant in the amount of about $ 50 million (of proprietary funds  and borrowed resources). Nezhin fat plant (Chernihiv region) plans to build the […]

Next
Samsung Electronics came in first in the world in sales of smartphones
News

The transactions of the Delta Bank at 22 billion UAH declared as negligible

Deposit Insurance Fund (DIF) in the period of the interim administration and liquidation of insolvent Delta Bank recognized as negligible 175 deals worth 22.292 billion UAH. According to the  DIF, in particular, to 11 business transactions, including the sale of the assets with the discount, or related parties, transaction of 12.2 million UAH were recognized […]

Next
Samsung Electronics came in first in the world in sales of smartphones
News

Amazon has received permission to deliver orders by drone to the United States

Amazon, an online retailer, has received permission from the US Federal Aviation Administration (FAA) to use drones to deliver parcels to customers. The permit was issued for the Prime Air service. Bloomberg writes that now Amazon will be able to start delivering their orders to customers on a commercial basis. The company and its competitors […]

Next
Samsung Electronics came in first in the world in sales of smartphones
Analytics

China Is the biggest Investor

The history of China’s statehood formation and development achieves several millennia, its nation has made a significant contribution into both material and spiritual culture of humanity throughout the world. Having in possession huge territories, essential labor and material resources and potentially large internal commerce, The Heavenly Empire has nearly all suppositions for creating integral, well-rounded […]

Next
Samsung Electronics came in first in the world in sales of smartphones
News

China is interested in the construction of grain processing plant in Ukraine

The direction of the Chinese “Anhui Foreign Economic Construction Corporation” expressed interest in the construction of the grain processing plant in the territory of Ukraine, the products of which will be exported to China. This was said by the vice-president of the “Anhui Foreign Economic Construction Corporation” Zhang Zhonghua at a briefing in the framework […]

Next
Samsung Electronics came in first in the world in sales of smartphones
News

The arrest of the former head of CityCommerce Bank property : have bank funds been assigned there?

Pechersk District Court of Kyiv satisfied the petition of the Main Investigation Department investigators of Natspolitsiia and arrested the property of the former ruler of PJSC City Commercial Bank (CityCommerce Bank). Such a decision the court took on January 12 this year. According to the document, the former ruler of the bank is suspected of […]

Next
Samsung Electronics came in first in the world in sales of smartphones
News

The Romanian pharmaceutical company Antibiotice opens a representative office in Ukraine

Recently, it was reported that the largest Romanian company Antibiotice is going to expand the scope of activities, and to develop a  pharmaceutical market in Ukraine. According to the informed sources,  the first office of the Romanian pharmaceutical company Antibiotice will be opened in the Vinnitsa region. This was agreed between  the Antibiotice CEO and […]

Next
Samsung Electronics came in first in the world in sales of smartphones
News

M & A transactions in the amount about $ 2.4 billion

Recently  in a world of M&A another significant deal was concluded. The CMA CGM French company, that occupies the third place in the world and specializes in the sphere of container shipping  concluded the deal with Singapore shipping company Neptune Orient Lines (NOL), which incurs losses for the last several years. The agreement is valued […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com