Business
Samsung maintains fourth spot in Q2 2021’s global 5G Android smartphone market: SA
According to a recent survey from Strategy Analytics, Xiaomi was the world’s leading retailer of 5G Android smartphones in Q2 2021. Out of the 24 million 5G shipping smartphones, Xiaomi has taken 26 percent of all 95 million Android smartphones shipped worldwide in Q2 2021.
In the last nine quarters, Xiaomi has overstretched 70 million 5G devices. Xiaomi’s performance puts you very close to Samsung, which has sent 77 million 5G smartphones worldwide over the past 10 quarters. Samsung has launched the world’s first 5G smartphones, starting in Q1 2019.
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Huawei remains the collective 5G smartphone leader among Android OS developers. The company has shipped 95 million 5G smartphones worldwide for the past nine quarters but recently saw its shipping rate fall below the US government’s 5G standard. The downturn has opened the door for other Chinese retailers, among them Lenovo-Motorola, Realme, OPPO, and Honor.
Lenovo-Motorola is a leader in the development of 5G smartphones. Lenovo-Motorola’s global exports have increased by 3480% annually in Q2 2021, at 1.8 million to five million smartphone exports per quarter. Realme ranks second in annual growth, rising 1773% annually in Q2 2021 at 5.6 million volumes
While OnePlus, another Chinese retailer, ranked third in growth with shipping prices improving 877% year on year. So far, Hlonipho, in just two parts, has shipped 6.5 million 5G smartphones. This is an impressive number considering that Honor started shipping 5G smartphones by mid-Q1 2021.
These four 5G smartphone retailers,” added Yiwen Wu, Lenovo-Motorola, Realme, OnePlus, and Honor, are well-suited for strong growth in the second half of 2021 and 2022, as focusing on the market and the segment in the middle tier 5G smartphones are not completely controlled by their major rivals.
Business
Samsung holds onto top spot but Apple, Xiaomi getting closer
Samsung remained the king in the Q2 2024 market, but Apple and Xiaomi are getting closer. IDC market research data shows that Samsung led the worldwide smartphone market in the second quarter of the year and Chinese brands scored rapid growth.
According to IDC, Samsung sold 53.9 million devices in the second quarter. The company occupied an 18.9% market share internationally. The company has slightly improved its sales share up from 53.5 million units in the same period last year.
The data suggests that Apple ranked second in terms of global volume sales. The iPhone maker shipped 45.2 million devices in Q2, 2024. It captured a market share of 15.8%, a modest increase from 44.5 million shipments in the second quarter of last year.
Third comes Xiaomi. The Chinese brand saw massive growth in sales year over year. It had sold 42.3 million smartphones in the second quarter alone. It’s a big jump from 33.2 million units shipped in Q2 2023, becoming a potential threat to Apple and Samsung.
Apart from this, Vivo also recorded significant growth in the global market. The company’s year-over-year growth in Q2 was 21.9%, with sales listing 25.9 million units with a market share of 9.1%. The growth percentage shows that aggressive marketing and boasting competitive specs into devices is paying off.
Samsung, Apple’s game isn’t over…
Last week, Samsung launched its new foldable phones, releasing on July 24, 2024. Apple, on the other hand, is expected to launch new flagship iPhones in September. It means, Samsung will enjoy the third quarter as well. The fourth quarter might be of Apple as iPhone sales would sharply grow in the global market given the new lineup release.
Samsung is now preparing to unveil new FE products later this year, followed by the S25 series in early next year. Chinese brands are expected to debut their latest flagships in the last quarter of this year, while Google Pixel phones are also coming in August.
Business
Samsung expects massive profit boom in Q2 given AI rise
Samsung today announced provisional sales and profit results for the second quarter. Samsung formally announced the provisional/predicted sales and operating profit, suggesting a massive profit boom in Q2, 2024 given the AI memory semiconductor rise.
In Q2, 2024, Samsung sales provisionally increased by 2.89% and operating profit by 57.34% compared to the previous quarter thanks to AI boom. Besides, the sales climbed by 23.31% and operating profit by 1,452.24% compared to the same period last year.
The company expects sales of 74 trillion won and operating profit of 10.4 trillion won on a consolidated basis. While these results are not final, there won’t be much change in the final result when it comes out. Samsung had a pretty profitable period in the second quarter.
Samsung in Q2
- Consolidated Sales: Approximately 74 trillion Korean won
- Consolidated Operating Profit: Approximately 10.4 trillion Korean won
The Korean tech giant is currently facing yield issues in its second-generation 3nm process. The flagship Exynos processor is unlikely to be commercialized this year. It would lead the Mobile business to face additional burdens due to rising prices of Snapdragon chipsets.
Meanwhile, Samsung is focussing on HBM (high bandwidth memory) semiconductors. HBM is a key player in artificial intelligence servers and data centers. The booming AI market will directly benefit Samsung’s semiconductor business.
Business
Samsung leads Q3 smartphone market, Huawei’s entry haunts Apple
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”.
// Source