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Samsung led top 10 best selling 5G Android smartphone market in 1Q22 globally
According to a recent report by Counterpoint Research, Samsung leads the list of top 10 5G Android smartphones for February 2022 with five spots. The brand’s Galaxy A52s 5G was the best-selling 5G Android smartphone globally, followed by the Galaxy S22 Ultra 5G, Galaxy S21 FE 5G, and Galaxy A32 5G.
Samsung Led Top 10 5G Android Best-selling Smartphones
As per the report, Samsung led the overall 5G Android segment in February 2022, accounting for around 24% of global 5G Android smartphone sales. Apart from Samsung, HONOR grabbed two spots, followed by Vivo, Oppo, and Xiaomi with one each. The Chinese market has increased the sales of these smartphones.
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The overall Android smartphone market captured 67% of global 5G sales in February 2022, with the top 10 5G Android best-selling smartphones contributing 20% to 5G Android smartphone sales during the month.
Samsung’s Galaxy A52s 5G has remained the best-selling smartphone since January 2022. This device was consistently featured in the list of top 10 best-selling 5G Android smartphones for the last six months.
The Galaxy S22 Ultra topped the list of best sellers in second place during the month of February launch. With sales of two-thirds of the Galaxy S22 series coming out of the Galaxy S22 Ultra, it was the best-selling smartphone in the February 2022 series. Samsung’s home markets South Korea and the US were key markets driving its sales.
Where Galaxy S21 FE climbed to the third spot in February 2022. At the start of this year, the smartphone was ranked tenth. And the US and Germany were the top markets for this model.
Going forward, Samsung also released the affordable Galaxy A series smartphone. And the Galaxy A32 5G and Galaxy A22 5G took the fourth and tenth positions respectively. The Galaxy A22 5G topped the Indian and UK smartphone market. Likewise, the Galaxy A32 5G sales were driven by the US and UK markets.
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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.
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.
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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.