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A few days back, Silicon Works reportedly joined the party of Samsung for supplying DDIs and Touch IDs. And now, it looks like one more LGs key component supplier will be a part of the Korean tech giant’s camp as LG Innotek might be shipping CoF for Galaxy A series smartphones.

Moreover, it was reported that the latest supplier will ship CoF for Galaxy A52 while the A72 will be fitted with the CoF of Samsung’s old component partners Stemco and Wonhwa.

What is CoF?

CoF stands for chip-on-film which is actually an IC (Integrated circuit) packaging technology that connects a display panel glass substrate and a flexible circuit board with each other (FPCB).

Furthermore, it utilizes flexible printed circuit film as the medium for packaging IC chips. The bonding is performed on the gold bumps on the chip and the inner lead on the circuit film by use of heat and pressure.

Why LG’s various component suppliers are joining Samsung? 

From the latest reports, we found that LG Innotek is part of LG Corporation which usually works as a conglomerate mobile arm, but as we came to know that LG is shutting down its mobile business worldwide. So, we can understand why supply partners including Innotek moving towards big firms like Samsung, for executing their own business.

In addition, COVID-19 also made component suppliers for joining Samsung as due to pandemic LG didn’t earn enough profits. However, many previous reports had already mentioned that this pandemic situation significantly affects the overall business of the company which led not to provide enough returns to the OEMs which are working with LG for quite many years. So, this also one of the reasons for component firms to join Samsung.

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Samsung leads Q3 smartphone market, Huawei’s entry haunts Apple

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Samsung Galaxy S23 Ultra Z Fold 4 Beige

Samsung ranked first in market share in the global smartphone market in Q3, 2023. TrendForce report says that Samsung led the global Q3 smartphone market, recording a market share of 19.5%.

Overall production in the third quarter increased by 11.5% compared to the previous quarter to 60.1 million units. During the same period, Apple’s production increased by 17.9% to 49.5 million, thanks to iPhone 15.

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Third place was taken by Xiaomi (13.9%), followed by Oppo (12.6%) and Transion (8.6%). 6th place is Vivo (8%). Meanwhile, global smartphone production reached 308 million units, a 13% increase compared to the previous quarter and a 6.4% increase from the previous year.

Huawei’s re-entry into the flagship smartphone market targeting Apple has had a significant impact in China. Huawei is aiming to expand its high-end flagship series, focusing on the Chinese domestic market next year, so Apple “We plan to attack directly”.

Samsung Q3 2023 Smartphone Market TrendForce

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Underdog phone brand jumped 50%, Samsung and Apple lost ground

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Samsung 55th shareholders meeting

In Q3 2023, Samsung and Apple’s market share slightly declined, while an underdog Chinese phone brand appeared on the top 5 chart. In a recent development, Canalys published market research data for the third quarter, revealing Tanssion as the fifth best-seller globally.

According to the info, Samsung and Apple lead total sales with 20% and 17% market share, yet both have fallen from their 22% and 18% levels in 2022. However, Tanssion, the maker of Tecno, Itel, and Infinix phones, climbed from 6% global market share last year to 9% in 2023, a 50% jump.

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Apart from this, Xiaomi matched last year’s share only by “recovering” from a terrible first half of 2023. At the same time, OPPO has fallen steadily over the past two years, while fellow BBK brand vivo lost the top-5 slot it’s owned for years.

Overall, the global smartphone market underwent a slight drop of 1% in Q3 2023. Bolstered by regional recoveries and new product upgrade demand, the smartphone market recorded a double-digit sequential growth in Q3, ahead of the sales seasons.

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Samsung enjoyed 2023’s last victory over Apple?

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Samsung smartphone

Recently, research agency Counterpoint Research published their latest analysis. The report reveals that Samsung continued its leadership in the third quarter of 2023, while Apple remained in the second spot. However, both OEMs faced a decline of 1 percent year over year.

According to CR, slower consumer demand is the main factor in the dwindling sales. The market did see a slight 2 percent growth in Q3 compared to Q2, likely driven by last month’s iPhone 15 series launch. Samsung secured 20 percent market share, while Apple grabbed 16 percent sales.

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The Galaxy A-series was the key driver for the South Korean smartphone maker. Apple came in second with 16 percent of the market while Xiaomi rounded out the top three with its 12 percent share. Oppo (10 percent) and vivo (8 percent) were the remaining brands in the top five charts.

The newly released iPhone 15 series will help Apple score a lead over Samsung in the fourth quarter of the year. The results will arrive by early next year, and it’s expected that the US phone maker could surpass Samsung. Major camera upgrades and USB-C helped Apple register strong sales.

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