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Tag: samsung-sales

  • Samsung Overpowers Rivals in china’s Smartphone Market

    Samsung appears to be overpowering low-cost Chinese competitors in the enormous smartphone market according to a study.

    According to research firm Canalys, Samsung, which is already the largest smartphone vendor in China saw a 21% jump in market share for the third quarter ended 30th September compared to 14% a year earlier.

    Samsung doubled its sales in the Chinese market with nearly 19 million smartphones in the quarter.

    According to Canalys, Samsung grew much faster than its close rival  Lenovo Group Ltd, which had a 64% increase in sales but its market share remained the same at 13%.

    China overtook the US as the largest smartphone market last year, and the rapid market growth is driven by demand for low cost smartphones. Nicole Peng, a research director for Canalys said that Samsung’s growth in shipment volume came mainly from the mid-range and low-end segments.

    According to Peng, many Chinese consumers would choose a Samsung smartphone if it is a little more expensive than a cheap Chinese phone. Samsung is widely known for its TV sets.

    In the third quarter, Apple’s iPhone shipments to the Chinese market grew by 32% as compared to the year earlier, though its market share shrunk to 6% from 8%. Apple’s hefty price tag for the iPhone 5C indicates that it focusing on the high end segment, where margins are stable but growth is not very robust.

    Peng noted that the battle between Samsung and the low-end Chinese companies will continue to intensify.

  • Smartphone Market Share Held by Samsung; 2.5x Apple’s


    Samsung's sales per quarter have reached 90 million for the first time. This means that Samsung Electronics has beat Apple with over 50 million units of sale. On the other hand, China’s Huawei is now in the third place after LG electronics showed some slowdown in sales in its third quarter smartphone sales.

    According to an American market survey company, Strategy Analytics, Samsung sold 88.4 million smartphones in its third quarter. This saw it clinch the first place in sales with 35.2% of the market share. This means that one in every three smartphones sold was made by Samsung.

    Apple sold 33.8 million units after the release of the iPhone5S. This saw a 2.6 million increase in sales compared to the second quarter. However, its market share dropped by 0.2%. Neil Mawston, SA Analyst indicated that Apple is poised to get back on its track in Q4 with sales from its iPhone5S.

    Huawei ranked  in third place with 12.7 million units, representing 5.1% market share. LG, which was in third place in Q1 and Q2 sold 12million units, representing 4.8% market share. Meanwhile, China’s Lenovo closely follows LG with 10.8 million units representing 4.3% market share.

    Neil Mawston indicated that Samsung’s Galaxy S4 had a reduction in sales, but the Galaxy Y and Galaxy Note 3 had good sales.

    He also indicated that the global smartphone market in the third quarter is 251.4 million, which grew by 45% as compared to last year. He asserts that six out of every ten mobile phones sold around the world are smartphones.

  • Half the World's Smartphones are Delivered by Samsung and Apple

    A few days after the rival Apple announced its less spectacular results, it is time for Samsung to disclose the official figures of the financial performance in the second quarter, and they are pretty impressive.

    Mobile market grew by only 1% in the second quarter of 2012, compared with 2011, and the giants Samsung and Apple have delivered almost half of the smartphones in the world, according to a recent IDC study.

    The two companies have doubled their market share over the past two years distanced themselves more and more from the competition, but at the same time has also increased the advantage of those from Samsung from the Cupertino-based company.

    Thus, in chapter smartphones, Samsung's market share in the second quarter was 32.6% , while of those from Apple was 16.9%. Samsung has also managed to achieve deliveries of 50.2 million units during this period.

    However, we must take into account the fact that Samsung has already launched the model that counts the most in this year, Samsung Galaxy S3 and Apple's iPhone 5 will likely see the light of the day later this year, with a market share of 6.6% and shipments of 10.1 million units, followed by HTC, with 5.7% and 8.8 million units sold.

    In total, global deliveries in the second quarter of 2012 have reached the impressive figure of 153.9 million smartphones, according to the same study conducted by the IDC.

    Samsung, Apple and Nokia are the top three producers with the most smartphones sold, but the surprise is ZTE, which climbed up to the fifth place in this ranking, with an increase of 300%.

  • Samsung Expects 1st Quarter 2012 Profits to Double

    Samsung, now the world’s biggest-selling smartphone maker, says it expects to see its profits double for the first three months of the year.

    Online investments experts told BBC Monday that Samsung Electronics apparently has been able to hang on to its lead as the market leader in the heated smartphone niche, with its 1st quarter 2012 profit expected to hit $5.1 billion.

    BBC said analysts from the LIG Investment & Securities and Kiwoom Securities in Seoul see Samsung’s increasingly popular Galaxy range of smartphones as the engine for the Korean company’s continuing profit growth, despite great competition from the active smartphone market led by Apple’s iPhones, RIM’s Blackberry and Nokia’s Symbian OS models. 

    Samsung’s high-end Galaxy S and Galaxy Note editions have been the year’s best sellers, having overtaken the Apple iPhone last year.

    The company’s efforts to keep its profit margins healthy despite sharp competition from its giant smartphone rivals have been cited as the key to the double profit figures set to be released in detail in a formal quarterly report on April 27. Profit margins for the company’s fast-selling handsets have been higher than 20%, accounting for the 4 trillion-won profit for the smart phone division. 

    The analysts noted that despite Samsung’s current difficulties in its other products, notably in memory chips which are suffering from a glut in worldwide supply, the company could still rev up its overall profit margin as the global economy improves later this year, as predicted, and as parts suppliers such as Japan and Thailand recover from various economic and political problems.