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Samsung’s semiconductor market to stack up by 19%
Recently Samsung Electromechanics was present at the general meeting held by the Korean PCB and Semiconductor Packaging Industry Association (KPCA) in Incheon, South Korea, on the 24th of March 2022.
‘THEELEC’ reported the whole key highlights, facts, and figures of the general meeting. KPCA predicted that its domestic semiconductor market will grow by 19% this year. In the meeting, Jeong Cheol-dong the current president of KPCB, and the semiconductor packaging association disclosed some more of the expected sales-related figures of Samsung Electro-mechanics, LG Innotek, and Daeduck Electronics. In a meeting, he talked about the market growth of the semiconductor substrate division, which could grow by 7% as compared to the previous year.
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In this meeting, Chung Chul-dong, president of LG Innotek, is elected as the 8th KPCA president. The current president Jeong Cheol-dong from Samsung will be the upcoming chairman, and he said, “We will enhance the association’s external status by strengthening the PCB ecosystem between large, medium, and small-sized enterprises and improving relations with the government.
Key Highlights:
- This year’s growth will be concentrated on semiconductor substrates.
- With the expansion of 5G penetration aims to downsize the 5G Substrate and increase its production looking at the present demand.
- Association will focus on automotive substrates, which is expected to raise the revenue due to the increasing demands of finished car sales.
- KPCA cited continuous unit price cuts and raw material price hikes, to be one of the problems in substrate production.
- The flexible substrate market is to grow by 2% YoY.
- RF-PCB shipments for camera module to remain at the same level, but will continue to progress gradually.
- Found that there is a short supply of semiconductor substrate due to data center expansion and growing needs for substrates needed for increasing Artificial-Intelligence capabilities, and more.
This is the first time that Samsung and LG are being placed as the center powers and will surely lead the association to new heights. For more information, you can read here.
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”.
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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.
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.