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.

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