Samsung is thrashing up Apple in its house market South Korean the place the Galaxy smartphone maker has over 70% share of the native market.
Within the final quarter Apple share of the South Korean market fell beneath 10% whereas Samsung noticed its home market share exceed 70 p.c for the primary time within the third quarter on new merchandise, a market analysis agency stated Sunday.
For the three months that resulted in September, Samsung Electronics produced 3.4 million smartphones to account for 72.3 p.c of the native smartphone markets, in keeping with knowledge from Technique Analytics, Inc.
New merchandise such because the Galaxy Word 20 smartphone and the Galaxy Z Fold 2 and Galaxy Z Flip foldable telephones helped buoy home gross sales within the September quarter, it stated.
Samsung Electronics’ smaller rival LG Electronics Co. and US tech big Apple Inc. noticed their respective market shares within the Korean smartphone market fall beneath 10 p.c within the third quarter, it stated.
Within the fourth quarter, nevertheless, Samsung’s share is anticipated to say no barely given robust demand for Apple’s new iPhone 12 launched within the native market on Oct. 30.
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