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This year, Samsung‘s mobile phone sales declined below 300 million units for the first time in a decade due to the Covid-19 pandemic. Moving on, the South Korean tech giant is preparing to cross the 300 million mobile and smartphone shipment mark.

According to Korean media, Samsung has set a plan which is quite similar to its plans before the Covid-19 pandemic. As the global economy showing signs of recovery, it can help the tech makers to increase the sales of mobile phones and smartphones as well as foldable.

The South Korean tech giant is rapidly preparing to ship 307 million mobile phones next year including 287 million smartphones and the rest of all feature phones. Samsung’s plan for the coming year is nearly 14% high compared to last year.

It is expected that Samsung will ship a total of 270 million mobile phones in 2020, while the company already shipped 189.4 million mobile phones by the end of the third quarter. Samsung is predicted to ship 310 million to 320 million units taking advantage of the restrictions on Huawei by the US Government.

Furthermore, Samsung Electronics has planned to produce 49.8 million flagship models including the upcoming Galaxy S21 series and foldable phones in 2021. The company will also make nearly 6 million foldable smartphones including the current and newer models that could be launched in the H2, 2021.

Samsung is also reportedly planning to replace foldable smartphones with the Note series. Half of the predicted foldable smartphones could be the Galaxy Z Flip 2 because the company is focussing to put the foldable in its mainstream due to the popularization of foldable smartphones.

As we know, Samsung is also working to launch affordable 5G smartphones such as the Galaxy A22 5G and A32 5G that is reportedly manufacturing through outsourcing, which can help the company to sell 237 million units of its mid-range and affordable Galaxy A series and the M series between the first half and second half of 2021.

To capture the 5G smartphone market of the South East Asian countries including India, Samsung is expected to produce 55 million smartphones through Joint Development Manufacturers (JDM). However, Samsung stated that it can’t reveal any detailed information and strategy about the company’s business plan for mobile phones in 2021

James is the lead content creator on Sammy Fans and mostly works on Samsung's firmware section. His first phone was the Galaxy S4 and continues to get new S series devices. Most of the time, James tries to learn about new technologies and gadgets but he also sneaks a bit of free time to nearby rivers and nature.

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India’s Fire-Boltt makes Apple happy with ‘sweet’ Samsung overtake

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Samsung Galaxy Watch 5 Pro

Apple leads the worldwide smartphone market, while India’s Fire-Boltt managed to surpass Samsung in the first quarter of 2023. To proceed ahead, it’s important to mention that there’s no comparison between smartwatches manufactured by Samsung and Fire-Boltt. Here’s why:

Types of smartwatches:

  • HLOS smartwatch: Smartwatch running a high-level OS, such as Watch OS (Apple) or Wear OS (Samsung), with the ability to install third-party apps.
  • Basic smartwatch: Smartwatch running a lighter version of an OS, with no ability to install third-party apps.

Counterpoint Research recently published its market analysis of the worldwide smartwatch market. The data revealed that Apple continues to lead the smartwatch market, while India’s Fire-Boltt surpassed Samsung for the first time in terms of numbers.

Apple

In the first quarter of 2023, Apple’s shipment volume fell 20 percent year on year. As a result, the company’s market share dropped to 26 percent, which was 32 percent in the first quarter of 2022.

Fire-Boltt

For the first time, Fire-Boltt surpassed Samsung, resulting in ranking second on the global market. The Indian brand has approx 3x shipments increment compared to the previous year with 57 percent growth QoQ.

Samsung

Samsung secured an incredible 15 percent shipments increment in key market North America, but a decline from other markets made it lose the runner-up position on the chart. The company’s global shipments declined by 21 percent QoQ and 15 percent YoY.

Huawei

Huawei’s shipments in China declined by 14 percent YoY, but it has increased shipments in India, LATAM, and MEA, limiting its overall decline in global shipments to 9%.

Fire-Boltt Apple Samsung

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Samsung controls 3/4 slice of the foldable smartphone market

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Samsung Galaxy Z Fold 4

Samsung owns the largest slice of the global smartphone market share, with rivals in 2nd and 3rd including Apple and Xiaomi, respectively. A recent TrendForce report reveals that Samsung controls about 70 percent (3/4) of the overall foldable smartphone market (with 13 million units shipment).

According to the data, Samsung continues to lead other brands in foldable smartphone market research and production technologies. The company already controls the largest 70 percent piece of the overall market, which would further solidify with the release of Galaxy Z Fold 5 and Flip 5 this July.

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The South Korean tech giant is likely to unveil its next-generation Fold/Flip phones in late July and release to the market in August. The major upgrades are a significantly larger cover display on the Flip 5 and a new waterdrop hinge technology on the Fold 5.

The research agency predicts market size falling short of 1.2 billion units. However, it is estimated that foldable phones’ shipments will reach 19.8 million units in 2023, marking an impressive YoY growth rate of 55% compared to 12.8 million units last year.

Samsung foldable smartphone market

Chinese brands like Huawei, OPPO, Vivo, Xiaomi, and Honor have all joined the race for foldable smartphones. Huawei’s Pocket S, released in 2022, has seen a warm reception in the consumer market, thanks to its appealing design and competitive pricing, despite being equipped with a 4G processor.

Last year, Huawei’s market share stood at around 10% and is expected to approach 20% this year. Other Chinese brands hold around 3–5% market share in the foldable smartphone sector. If they can extend their foldable devices into global channels, their sales volumes are expected to rise even further.

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Samsung sold most phones in Southeast Asia but Apple shined

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Samsung Brand

Market research agency Counterpoint Research revealed smartphone shipments in 5 key countries in Southeast Asia in the first quarter of 2023 fell by 13% year-on-year. Among the top five manufacturers in Southeast Asia, Apple was the only one to achieve positive growth, while Samsung was the number one vendor.

Note: Key Southeast Asia countries/markets include Indonesia, Thailand, Philippines, Vietnam and Malaysia.

The report shows that the five Southeast Asian markets including Indonesia, Thailand, the Philippines, Vietnam, and Malaysia were affected by a combination of factors such as sluggish demand and seasonal decline, with year-on-year decreases of 7%, 1%, 10%, 30% and 29% respectively.

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Southeast Asia is at a stage where different consumer types are behaving in a different manners. Low-end smartphone buyers are recovering but they are not just there yet.

Mid-to-high-end smartphone buyers are holding on to their wallets and extending the ownership of their phones, while high-to-premium smartphone buyers are unaffected by the economics of the situation.

These consumers are going out and choosing to buy the S series, foldables and iPhones. While 5G is becoming a norm, operators are coming out with creative packages and providing options for all types of smartphones.

The coming months are likely to see a bit more improvement in consumer sentiment while governments make sure that their countries remain largely unaffected by global macro issues.

Here’s the data in quick-view format:

  • Samsung fell by 16% year-on-year, and its market share fell from 22% to 21%
  • OPPO fell by 10% year-on-year, and its market share increased from 19% to 20%
  • Vivo fell 26% year-on-year, and its market share fell from 17% to 14%
  • Xiaomi fell by 13% year-on-year, and its market share remained at 14%
  • Realme fell 5% year-on-year, and its market share increased from 11% to 12%
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