Based on market tracker Counterpoint Analysis, gross sales of smartphones supporting 5G networks listed here are estimated to succeed in 10.3 million items this yr, greater than double from final yr’s gross sales of 5.1 million items, studies Yonhap information company.
South Korea rolled out the world’s first industrial 5G community in April 2019. The variety of 5G subscribers within the nation stood at 9.25 million as of the top of September, based on knowledge from the Ministry of Science and ICT.
5G smartphone gross sales reached 5 million items within the first 9 months of the yr, however its gross sales are prone to decide up roughly with the discharge of Apple Inc.’s first 5G smartphone, the iPhone 12, the market researcher added.
5G smartphones accounted for 49 % of the overall smartphone gross sales in South Korea within the third quarter of the yr, up 2 share factors from a yr earlier.
Counterpoint Analysis estimated that 5G smartphones gross sales will attain 16 million items subsequent yr, up 56 % from this yr.
“Native customers had been in a position to buy Apple’s new smartphone mannequin sooner than the standard schedule,” it mentioned. “The discharge of price range 5G smartphone fashions from Samsung Electronics Co. can also be constructive and can assist the 5G smartphone market develop quicker via subsequent yr.”
(Solely the headline and film of this report could have been reworked by the Enterprise Commonplace employees; the remainder of the content material is auto-generated from a syndicated feed.)