Business
Samsung achieved the highest smartphone market share in five years
It is very surprising to see that global smartphone market shares are declining while Samsung is touching new heights in such opposite conditions, where the global share has fallen down to near about 10.9 percent YoY, and 14.1 percent Q-o-Q respectively.
Samsung has topped the smartphone market all over the world with a 24% of healthy share in Q1 2022. This is Samsungs highest and stacking performance over the past five years.
DOWNLOAD SAMMY FANS APP
Apple has come in second place with 18% of the share. OnePlus, Xiaomi, Oppo, and Vivo are included in the specific top five list. Though the Smartphone sales volume has seen a sharp decline of 314 million units just in the first quarter of Q1 2022. Samsung’s performance is truly commendable and outstanding.
The other unfavorable economic conditions and geopolitical issues have weakened consumer demand. Samsung is the highest performing vendor in the market share since 2017. This might be all due to the strong and rising demand for the new flagship Samsung Galaxy S22 series. Currently, Samsung’s A-series smartphones have also ramped up its profits in multiple markets.
On the other hand, its satisfactory quarter for Apple smartphones, which have shipped 57 million iPhones worldwide, has up to 1% of year-on-year increment with an overall 18 percent market share. This might be due to iPhone 13 smartphone sales, specifically iPhone SE 2022.
Xiaomi has shipped 39 million smartphones and has captured 12 percent of the market share in Q1 2022. Though Xiaomi has suffered geopolitical uncertainties in Europe. The Chinese and Indian market has created a mixed bag of profits for the company.
Vivo was at 8% in global smartphone market share, While Oppo and Vivo have lost their ground due to 5G competition with Honor and other competitors in Latin America but have intensified sales on the home ground.
All the other companies have settled down with a total of 313.5 million smartphone shipments. The most common thing that we have analyzed while looking at the report is that each and every company has seen a sharp YoY decline of a minimum of 2% to 31% segment-wise.
Get notified –
Aside from SammyFans’ official Twitter and Facebook page, you can also join our Telegram channel, follow us on Instagram and subscribe to our YouTube channel to get notified of every latest development in Samsung and One UI ecosystem. Also, you can follow us on Google News for regular updates.
A new report reveals that Samsung will participate as an anchor investor for Arm’s upcoming IPO after taking a conservative approach to the matter due to a perceived overvaluation and regulatory risk.
Samsung opted to make an investment in the chip designer, joining a slew of other industry players including Apple, Nvidia and Intel. Amazon, which was earlier rumored to be participating in the IPO, decided to step out.
Follow our socials → Google News, Telegram, X (formerly Twitter), Facebook
It’s worth mentioning that the strategic investors have agreed to invest between $25 million and $100 million each. The specific amount for each company hasn’t been disclosed yet.
This means the offering price will come in between $47 and $51 per share. It makes Arm’s valuation between $50 billion and $55 billion, down from the initial estimation of $64 billion.
Arm’s IPO on Nasdaq, which is expected in September, is considered to be the biggest IPO deal of the year. The company controls a majority of the world’s application processor market, designing and licensing basic blueprints for chips.
Market research firm TrendForce published the latest report on their analysis. The agency disclosed that after global smartphone production dropped by nearly 20% year-on-year in the first quarter, production continued to decline by about 6.6% in the second quarter, to 270 million units.
In particular, the global smartphone production in the first half of 2023 was 520 million units, a 13.3% decline compared to the same period last year. Both individual quarters and the first half of the year in total set a ten-year low.
Follow our socials → Google News, Telegram, X (formerly Twitter), Facebook
TrendForce analysts pointed out that there are three reasons for the sluggish production performance:
- First, the lifting of epidemic prevention restrictions did not drive demand as expected;
- Secondly, the demographic dividend effect of the emerging Indian market has not effectively exerted its advantages;
- Thirdly, in 2022, brands will be deeply affected by excessive channel inventory. It was originally expected that as inventory is reduced, brands will return to production levels.
However, now affected by economic weakness, people’s consumption willingness is more conservative, resulting in poor production performance in the first half of the year. expected.
Second Quarter Market
In the second quarter, Samsung still topped the list, with Q2 output reaching 53.9 million units, a decrease of 12.4% from the previous quarter. The same period coincided with the replacement of old and new Apple models, with output of 42 million units, a decrease of 21.2% from the previous quarter.
Adding to this, the most obvious change in the smartphone market was Transsion (including TECNO, Infinix, and itel). Transsion surpassed vivo and entered fifth place in the world for the first time. Its output increased by more than 70% month-on-month to 25.1 million units.
Production
In addition to Samsung and Apple, Xiaomi (including Xiaomi, Redmi, and POCO) produced approximately 35 million units in the second quarter, an increase of 32.1% from the previous quarter.
OPPO (realme, and OnePlus included) produced about 33.6 million units in the second quarter, an increase of 25.4% from the previous quarter. Q3 is expected to have a growth rate of about 10-15%, closely following Xiaomi.
Samsung and SK Hynix are strengthening their foray into the GDDR (Graphic Double Data Rate (GDDR) market amid the global gaming surge. The companies appear to be preparing to lead the GDDR market while gaining technological advantage in next-generation products.
Recently, IGI (Industry Growth Insights) published its new report citing that the GDDR market will grow from $3.2 billion in 2018 to $4.8 billion in 2030 with an average annual growth rate of 7.6%. It’s predicted that high-performance GDDR like GDDR6 will record a double-digit growth rate every year.
Follow our socials → Google News, Telegram, X (formerly Twitter), Facebook
Samsung x GDDR
In July, Samsung Electronics developed GDDR7, the industry’s most advanced product, for the first time, and supplied samples to Nvidia for verification for next-generation system installation. SK Hynix also plans to complete GDDR7 development within this year.
On the other hand, Micron plans to introduce GDDR7 in the first half of next year, a step later. In this situation, Nvidia, the world’s largest customer in the GPU market, is known to preferentially review Samsung Electronics’ products instead of Micron’s next-generation products.