Connect with us

Business

Samsung’s 10-inch OLED display exceeded 10 million units for the first time 

Published

on

In the first half of this year, the shipment of more than 10-inch OLEDs (optical light-emitting diodes) exceeded 10 million units for the first time. This is due to strong sales of IT products such as OLED tablets and OLED TVs. Samsung Display transforms a solid A2 OLED line in Asan, South Chungcheong Province.

According to market research firm UBI Research, the OLED exports of IT (tablet, laptop, monitor) and OLED TV reached 10.29 million units in the first half of this year. It is the first time it has exceeded 10 million units. This is the result of the calculation of 10 inch or large OLED panels used on TVs, monitors, laptops, and tablets.

Join Sammy Fans on Telegram

OLED sales of IT and TV in the first quarter were $ 2.95 billion (about $ 3.4 trillion won), 2.4 times more than $ 1.221 billion (about $ 1.4 trillion won) in the same period last year.

In the first half of the year, the shipment of small OLEDs less than 10 inches was 333.5 million units and sales were $20.5 billion (approximately $24 trillion won). Smartphones, folding phones, and smartwatches are the main application products. Sales exceeded 62% from $12.7 billion over the same period last year.

China’s BOE has completed the expansion of the low-temperature polycrystalline oxide (LTPO) line (TFT) into the B7 production line. In addition, BOE has completed establishing B11 as Apple’s only line and began preparing to offer OLED for the iPhone 13.

The foldable smartphone panel is expected to be 8.9 million units in the second half of the year. Among the OLED applications, the folding phone is expected to grow significantly due to the strong sales of Samsung Electronics’ Galaxy Z Flip 3. The OLED phone market is expected to grow to 50 million units by 2025.

Hey, Camila is here! From the very beginning, I love using Samsung phones like a die-hard fan. Apart from detailing One UI features for readers, I love exploring different apps of the Samsung ecosystem with a cup of tea!

Business

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

Published

on

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.

Follow our socials → Google NewsTelegramX/TwitterFacebook | WhatsApp

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

// Source

Continue Reading

Business

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

Published

on

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.

Follow our socials → Google NewsTelegramX/TwitterFacebook | WhatsApp

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.

Source

Continue Reading

Business

Samsung enjoyed 2023’s last victory over Apple?

Published

on

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.

Follow our socials → Google NewsTelegramX/TwitterFacebook | WhatsApp

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.

Continue Reading