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Samsung remained second-largest smartphone brand in India in Q3 2021

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Samsung

According to recent research from Counterpoint’s Market Monitor service, India’s smartphone shipments declined 2% YoY to reach over 52 million units in Q3 2021. The smartphone market continues to show signs of strength and quarterly numbers would have been much higher if it were not for the shortage of the segment that has increased during the quarter.

As per the report, Chinese products captured 74% of the Indian smartphone market in Q3 2021. Xiaomi led the market with a 22% share driven by the Redmi 9 series and the Redmi Note 10. Where Samsung took second place with a 19% share. The Galaxy M and F-based online series delivered its deployment and the newly launched Galaxy A models saw a huge demand for offline channels.

Samsung is focused on providing high-performance 5G bands to its 5G models to differentiate itself from the competition. India’s total handset market decreased by 5% YoY in Q3 2021. Samsung also gained a top position in the handset market, holding an 18% stake in Q3 2021.

Samsung remains the second-largest smartphone manufacturer in India and its exports account for a 19% share. The brand has captured second place in the 5G segment, driven by models of the Galaxy M42, M52, A22 and A52s.

Samsung was the leading smartphone brand in the INR 10,000 – INR 30,000 band. The brand also led the 5G multi-group support (more than five bands) with a 38% share. The recently launched Galaxy Z Fold 3 and Z Flip 3 have had a solid start in India.

Samsung

The other smartphone brand, such as Vivo ranked third in Q3 2021 with a share of 15%. It became the flagship 5G smartphone for the first time in Q3 2021, while still a leading offline smartphone player. Realme took fourth place in Q3 2021 with a share of 14%. It was the flagship 5G smartphone in a price band below INR 20,000.

OPPO took fifth place in Q3 2021 with a 10% share. The OPPO A54 was the top smartphone model in the price range of INR 10,000 – INR 20,000. And, Apple was the fastest-growing product in Q3 2021 with a growth of 212% YoY and led the leading smartphone market (> INR 30,000) by 44% share.

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!

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Samsung holds onto top spot but Apple, Xiaomi getting closer

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Samsung Intelligence Voice Services update

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.

IDC Samsung Apple Xiaomi Q2 2024

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.

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Samsung expects massive profit boom in Q2 given AI rise

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Samsung 55th shareholders meeting

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.

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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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