Samsung shifts tactics, as local firms dial up pressure
6 years, 1 month ago

Samsung shifts tactics, as local firms dial up pressure

China Daily  

Customers take a selfie with Samsung Electronics Co's new Galaxy Note 9 smartphone during its rollout in Shanghai on Aug 15, 2018. South Korean technology giant Samsung Electronics Co Ltd says it has "come back to the battlefield", and will take on China's rising brands with a new youth-oriented strategy, as it seeks to reclaim lost sales in the world's largest smartphone market. Innovative and cutting-edge technologies will go to Samsung's mid-range smartphones first, said Kwon Gye-hyun, president of Samsung Electronics China operations, at the launch ceremony of the mid-range Galaxy A8s. "Samsung still lags behind its local competitors such as Huawei, Vivo, Oppo and Xiaomi in terms of shipments and market share; it should make more efforts in strengthening brand building, and expanding offline and online retail channels," said Jia Mo, a research analyst with technology consultancy Canalys.

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History of this topic

China’s Xiaomi, Huawei leave Apple, Samsung in the dust as global smartphone market recovers
1 day, 1 hour ago

China’s Xiaomi, Huawei leave Apple, Samsung in the dust as global smartphone market recovers

Firstpost  

While Apple and Samsung both saw slight declines in shipments, Xiaomi experienced a notable 15.4 per cent growth in its shipments. This growth is attributed to the brand’s aggressive push into mid-range and budget segments Apple maintained its lead in global market share in 2024, holding 18.7 per cent of the market, closely followed by Samsung at 18 per cent. …

India’s smartphone market all set to cross $50 billion in 2025
5 days, 10 hours ago

India’s smartphone market all set to cross $50 billion in 2025

New Indian Express  

NEW DELHI: India’s smartphone market is set to surpass $50 billion in value by 2025, driven by the ongoing trend of premiumisation, according to the latest research from Counterpoint Research. Consumers willing to pay more In simple terms, more and more Indian consumers are willing to spend more on smartphones that offer improved specifications, such as better cameras, faster processors, …

Apple vs Samsung: See which smartphones Indians are buying
2 months ago

Apple vs Samsung: See which smartphones Indians are buying

Hindustan Times  

Apple's market share in India has expanded while rival Samsung has struggled with its sales numbers taking a hit yet again, showed data from market intelligence firm International Data Corporation. Apple's market share grew by 58.5% year-over-year for the third quarter of 2024, while Samsung's market share fell by 19.7% year-over-year for the same period. She added that the launch …

China's smartphone shipment grows to 68.8m in Q3, records growth
2 months ago

China's smartphone shipment grows to 68.8m in Q3, records growth

China Daily  

By Fan Feifei | chinadaily.com.cn | Updated: 2024-11-14 11:23 Nubia Technology unveils its latest handsets for gaming and esports enthusiasts, the Red Magic 10 Pro series. China's smartphone shipments increased in the third quarter of the year, fueled by a surge in device upgrades driven by sustained pent-up demand, according to a report from global market research company, International Data …

Samsung, OnePlus woes threaten premium smartphone growth in India
2 months ago

Samsung, OnePlus woes threaten premium smartphone growth in India

Live Mint  

NEW DELHI : India’s premium smartphones market witnessed a surprisingly muted festive period as buyers deferred purchases citing lack of innovation, according to retailers and distributors. Read this | Diwali smartphone sales revive budget phones—for now “Samsung’s premium devices saw a clear downturn in demand from buyers during the festive period, even though it did strongly in the budget 5G …

Mobile retailers say Samsung’s online-focused strategy fuels smartphone grey market, bat for level playing field: Report
4 months, 1 week ago

Mobile retailers say Samsung’s online-focused strategy fuels smartphone grey market, bat for level playing field: Report

Live Mint  

India's cellphone retailers' association reportedly criticised Samsung for favouring e-commerce giants like Amazon and Flipkart by giving them better access to discounts. The letter to Samsung comes at a time when the company is facing its worst sales decline in a decade which has led to a fall in value market share as the industry faces fierce competition from Chinese …

Samsung posts a 15-fold increase in operating profits in last quarter
5 months, 2 weeks ago

Samsung posts a 15-fold increase in operating profits in last quarter

Associated Press  

SEOUL, South Korea — Samsung Electronics Co. reported a 15-fold increase in operating profit for the second quarter this year, largely thanks to a strong demand for memory chips amid the expansion of artificial intelligence technologies. The company said favorable market conditions drove higher average sales prices, while robust sales of organic light-emitting diode panels also contributed to the stronger …

Indian smartphone market grows only by 1 percent in Q2 of 2024: Here are top manufacturers
5 months, 3 weeks ago

Indian smartphone market grows only by 1 percent in Q2 of 2024: Here are top manufacturers

India TV News  

The Indian smartphone market experienced only a 1 percent growth in the April-June quarter, with a total of 36.4 million units shipped, as stated in a report released on Thursday. Xiaomi regained the top position after six quarters, capturing an 18 percent market share with 6.7 million units shipped. Vivo closely followed, also shipping 6.7 million units, boosted by affordable …

Foldable handsets to grab sector headlines this year
5 months, 4 weeks ago

Foldable handsets to grab sector headlines this year

China Daily  

Samsung Electronics on Wednesday unveiled its latest foldables, the Galaxy Z Fold6 and Galaxy Z Flip6 series in China. China's foldable smartphone market is expected to witness robust growth this year, mainly driven by the gradual improvement of flexible screens, software design innovations and continuous product price declines, industry experts said. A report from market research company International Data Corp …

Global smartphone market sees 6.5 per cent growth in Q2, Samsung and Apple lead: IDC Report
5 months, 4 weeks ago

Global smartphone market sees 6.5 per cent growth in Q2, Samsung and Apple lead: IDC Report

India TV News  

Global smartphone shipments have reportedly increased by 6.5 per cent in the second quarter of 2025, which will be driven by Samsung Electronics and Apple. Global smartphone shipment in the second quarter As per the Reuter report, it is marked as the fourth consecutive quarter of growth in global shipments, in which smartphone manufacturers are leveraging artificial intelligence to attract …

Global Smartphone Market Sees Biggest Growth In 3 Years; Samsung Retains Top Spot
5 months, 4 weeks ago

Global Smartphone Market Sees Biggest Growth In 3 Years; Samsung Retains Top Spot

ABP News  

The global smartphone market saw a significant upturn in the second quarter of 2024, with sales increasing by six per cent compared to the same period last year. Samsung Leads Market Share, Followed By Apple Several regions played a key role in driving this growth, particularly Europe and Latin America, where smartphone sales surged by over 10 per cent. Apple …

China sees an increase in 5G smartphone shipments
6 months ago

China sees an increase in 5G smartphone shipments

China Daily  

iQOO unveiled its latest phone Neo9S Pro+, which features its self-developed Q1 gaming chip and Qualcomm's Snapdragon 8 chip. A total of 25.53 million 5G phones were shipped in China, marking a 26.6 percent year-on-year growth and accounting for 84.2 percent of the total mobile phone shipments during May, the report said. From January to May 2024, the cumulative shipment …

New Samsung foldable smartphones unveiled
6 months ago

New Samsung foldable smartphones unveiled

China Daily  

Samsung Electronics unveiled two new foldable smartphones, the Galaxy Z Fold6 and Galaxy Z Flip6 on Wednesday night. South Korean technology company Samsung Electronics Co Ltd has unveiled its latest foldable smartphones, the Galaxy Z Fold6 and Galaxy Z Flip6, which come with improvements from previous models and artificial intelligence features, to grab a bigger slice of the highly competitive …

China's smartphone shipments reach 69.3m units in Q1
8 months, 1 week ago

China's smartphone shipments reach 69.3m units in Q1

China Daily  

A consumer checks out an Honor smartphone at a store in Shanghai in January. WANG GANG/FOR CHINA DAILY BEIJING - China's smartphone shipments grew by 6.5 percent year on year to 69.3 million units in the first quarter of 2024, data from a recent industry report showed. Although this growth figure was supported by a low comparison base year, it …

Samsung reports a 10-fold increase in profit as AI drives rebound in memory chip markets
8 months, 2 weeks ago

Samsung reports a 10-fold increase in profit as AI drives rebound in memory chip markets

Associated Press  

SEOUL, South Korea — Samsung Electronics on Tuesday reported a 10-fold increase in operating profit for the last quarter as the expansion of artificial intelligence technologies drives a rebound in the markets for computer memory chips. Revenue rose by nearly 13% to 71.9 trillion won, driven by higher prices for memory chips and robust sales of its flagship Galaxy S24 …

Samsung commits to expanding presence in Chinese market
8 months, 2 weeks ago

Samsung commits to expanding presence in Chinese market

China Daily  

South Korean tech company Samsung Electronics showcases its vehicle-mounted products and solutions at the 2024 Beijing International Automotive Exhibition. South Korean technology company Samsung Electronics Co Ltd said it will continue to expand in the Chinese market, bolster the updating and iteration of vehicle-mounted technologies, and improve intelligent driving experience in China. The company has showcased its full range of …

China's smartphone market grows 6.5% in Q1
8 months, 3 weeks ago

China's smartphone market grows 6.5% in Q1

China Daily  

By Sun Chi | chinadaily.com.cn | Updated: 2024-04-25 17:32 Customers try smartphones in the Pura 70 series at a Huawei retail store in Shanghai on April 19. China's smartphone market saw shipments reach about 69.26 million units, an increase of 6.5 percent in the first quarter of 2024 on a yearly basis, according to a latest report by market consultancy …

China's smartphone market grows 6.5% in Q1
8 months, 3 weeks ago

China's smartphone market grows 6.5% in Q1

China Daily  

By Sun Chi | chinadaily.com.cn | Updated: 2024-04-25 17:32 Customers try smartphones in the Pura 70 series at a Huawei retail store in Shanghai on April 19. China's smartphone market saw shipments reach about 69.26 million units, an increase of 6.5 percent in the first quarter of 2024 on a yearly basis, according to a latest report by market consultancy …

Samsung overtakes Apple as top smartphone maker in Q1 2024
9 months ago

Samsung overtakes Apple as top smartphone maker in Q1 2024

The Hindu  

April 15, 2024 10:06 am | Updated 10:08 am IST Apple’s smartphone shipments took a hit by about 10% in the first quarter of 2024, according to a report published by Reuters on Monday, citing data from IDC. During the January- March period, Samsung reportedly captured 20.8% of the market share, clinching the top smartphonemaker position from Apple. In the …

Apple’s iPhone shipments fall 10% as android rivals rise: What's happening?
9 months ago

Apple’s iPhone shipments fall 10% as android rivals rise: What's happening?

Hindustan Times  

Apple Inc.’s iPhone shipments were down nearly 10% in the first quarter of the year, losing ground as the broader smartphone industry rebounded, according to market tracker IDC. Apple iPhones are seen inside India's first Apple retail store during a media preview, a day ahead of its launch in Mumbai, India. The Cupertino, California-based company has struggled to sustain sales …

Apple China iPhone sales plunge 24% as Huawei's popularity surges
10 months, 1 week ago

Apple China iPhone sales plunge 24% as Huawei's popularity surges

The Hindu  

Apple's iPhone sales in China fell 24% year-on-year in the first six weeks of 2024, according to research firm Counterpoint, as the U.S. company faced increased competition from domestic rivals such as Huawei. The U.S. tech giant's chief competitor in China in premium smartphones, Huawei, saw unit sales rise by 64% in the period, according to the report. Apple "faced …

Apple gets record shipments in India. This iPhone is sold most
11 months ago

Apple gets record shipments in India. This iPhone is sold most

Hindustan Times  

In the October- December quarter, Apple achieved record shipments in the Indian smartphone market, capturing a 7 per cent market share, according to Canalys research. The report says that Indian smartphone vendors capitalised on robust festival season demand, propelling Q4 shipments to an impressive 3.89 crore units, representing a substantial 20 per cent year-on-year rebound. Additionally, discounts on the previous-generation …

Samsung sees tech devices demand recovering in 2024 after record chip loss
11 months, 2 weeks ago

Samsung sees tech devices demand recovering in 2024 after record chip loss

The Hindu  

Samsung Electronics flagged a continued recovery in memory chips and tech demand in 2024, after reporting a 34% drop in fourth-quarter profit despite a memory price rebound as consumer demand remained weak in many businesses. However, fourth-quarter losses shrank to 2.18 trillion won in the fourth quarter, lower than every other quarterly loss in 2023 in the business that has …

Samsung launches Galaxy S24 series with AI features
11 months, 4 weeks ago

Samsung launches Galaxy S24 series with AI features

China Daily  

South Korean technology company Samsung Electronics Co Ltd unveils its latest flagship smartphones, the Galaxy S24 series, on Jan 18. South Korean technology company Samsung Electronics Co Ltd unveiled its latest flagship smartphones, the Galaxy S24 series, with enhanced artificial intelligence capacity on Thursday, as the company aims to widen its stake in the highly competitive premium smartphone market. "The …

Samsung launches Galaxy S24 series with AI features
11 months, 4 weeks ago

Samsung launches Galaxy S24 series with AI features

China Daily  

By Fan Feifei | chinadaily.com.cn | Updated: 2024-01-18 13:38 South Korean technology company Samsung Electronics Co Ltd unveils its latest flagship smartphones, the Galaxy S24 series, on Jan 18. South Korean technology company Samsung Electronics Co Ltd unveiled its latest flagship smartphones, the Galaxy S24 series, with enhanced artificial intelligence capacity on Thursday, as the company aims to widen its …

Apple Pips Samsung For The First Time To Dominate Global Smartphone Shipments In 2023
11 months, 4 weeks ago

Apple Pips Samsung For The First Time To Dominate Global Smartphone Shipments In 2023

ABP News  

In 2010, a company other than Samsung last held the top position in the global smartphone market. This significant change is fueled by Apple's all-time high market share a first time at the top, says a report by International Data Corporation. According to preliminary data from IDC's Worldwide Quarterly Mobile Phone Tracker, 2023 witnessed a 3.2 per cent year-over-year decline …

Apple vs Samsung: iPhone maker overtakes South Korean giant as world's largest smartphone maker
11 months, 4 weeks ago

Apple vs Samsung: iPhone maker overtakes South Korean giant as world's largest smartphone maker

Firstpost  

In a historic shift, Apple’s iPhone outpaced Samsung’s smartphones to clinch the title of the world’s best-selling smartphone in 2023, marking the first time the South Korean tech giant has surrendered the top position since 2010. Meanwhile, Samsung experienced a 13.6 per cent decline in smartphone shipments, totalling 226.6 million units and securing a market share of 19.4 per cent, …

Apple dethrones Samsung to become world's top phone maker
11 months, 4 weeks ago

Apple dethrones Samsung to become world's top phone maker

Hindustan Times  

For the first time since 2010, Apple Inc has dethroned Samsung Electronics to become the best-selling smartphone company in 2023. Apple iPhone 15 plus Samsung, whose shipments slumped double-digits to 226.6 million, came in second, ahead of Chinese device makers like Xiaomi Corp. Apple iPhone 15 had a lukewarm reception in China, which is its biggest market in the world, …

Big Trouble: iPhone Sales in China Continue To Fall Putting Apple Under Pressure
1 year ago

Big Trouble: iPhone Sales in China Continue To Fall Putting Apple Under Pressure

News 18  

BEIJING: Apple's iPhone sales in China dropped by 30% in the first week of 2024, Jefferies analysts said in a note, adding to signs of growing competitive pressures from domestic rivals such as Huawei for the U.S. tech giant. The decline in Apple's sales was the primary catalyst for an overall double-digit drop in China smartphone shipments for the first …

Riding booming demand, foldables to outperform overall smartphones
1 year ago

Riding booming demand, foldables to outperform overall smartphones

China Daily  

Vivo's foldable smartphone X Fold+, which features mobile imaging technology co-developed by Zeiss, on display at the fifth China International Import Expo. Counterpoint Research said global foldable smartphone shipments are expected to have continued their rising trend and hit 16 million units in 2023, an increase of 26.8 percent year-on-year, fueled by the continued growth of the Chinese foldable phone …

Q4 signals a turning point for mobile phone makers
1 year ago

Q4 signals a turning point for mobile phone makers

China Daily  

By Yan Xingzhou | chinadaily.com.cn | Updated: 2024-01-03 16:07 Consumers select products at an Apple store on Nanjing Road Walkway in Shanghai in December 2022. WANG GANG/FOR CHINA DAILY The just-ended fourth quarter marks a turning point for the domestic mobile market, as a bullish mobile market is expected and is forecast to maintain a positive growth this year. Mobile …

Riding booming demand, foldables to outperform overall smartphones
1 year ago

Riding booming demand, foldables to outperform overall smartphones

China Daily  

By FAN FEIFEI | China Daily | Updated: 2024-01-03 09:51 Vivo's foldable smartphone X Fold+, which features mobile imaging technology co-developed by Zeiss, on display at the fifth China International Import Expo. Counterpoint Research said global foldable smartphone shipments are expected to have continued their rising trend and hit 16 million units in 2023, an increase of 26.8 percent year-on-year, …

India’s smartphone market sees flat growth in September quarter
1 year, 2 months ago

India’s smartphone market sees flat growth in September quarter

Live Mint  

New Delhi: India’s smartphone market posted almost flat year-on-year growth during the second quarter of 2023-24, with shipments of 44 million units. Next year, we will see affordable 5G and foldable phones at the mid to premium end, but inflationary stress and longer refresh cycles may limit annual market growth in 2024,” said Navkendar Singh, assistant vice- president, devices research, …

Samsung and Huawei to spearhead foldable smartphone surge in 2024: Counterpoint Research Report
1 year, 3 months ago

Samsung and Huawei to spearhead foldable smartphone surge in 2024: Counterpoint Research Report

India TV News  

The global market for foldable smartphones is poised for significant growth in 2024, driven by the introduction of more affordable entry-level products. In the second quarter of this year, the global foldable smartphone market experienced a significant 10% year-on-year growth, totalling 2.1 million units. In Q2, the Chinese foldable smartphone market achieved remarkable success, surging 64% year-on-year to reach 1.2 …

Apple's upcoming iPhone 15 series could overtake Samsung in global smartphone market: Report
1 year, 4 months ago

Apple's upcoming iPhone 15 series could overtake Samsung in global smartphone market: Report

India TV News  

A recent report by market intelligence company TrendForce suggests that Apple's upcoming iPhone 15 series has the potential to challenge Samsung's long-standing position as the global market leader in smartphones. The global smartphone production industry has faced consecutive quarterly declines, with the second quarter of 2023 witnessing a 6.6 per cent drop, resulting in a total production of approximately 272 …

New battles define a slowing Indian smartphone market
1 year, 5 months ago

New battles define a slowing Indian smartphone market

Hindustan Times  

Which brand is the number one smartphone maker in India at present? “Despite an overall decline in smartphone shipments, the 5G smartphone segment showed promising performance capturing 47% market share; up from 31% in Q2 2022,” says Shipra Sinha, analyst for Industry Intelligence Group at CyberMedia Research. Research firms IDC and TechInsights Inc in their reports peg Vivo as having …

Samsung leads 5G market share in Q2 in India; smartphone shipments decline overall: Report
1 year, 5 months ago

Samsung leads 5G market share in Q2 in India; smartphone shipments decline overall: Report

The Hindu  

Samsung leads the 5G smartphone market in India with a 24% market share, followed by OnePlus, noted CyberMedia Research ’s Q2 2023 data released on Friday. Meanwhile, smartphone market shipments declined 6% YoY, while the overall mobile market declined by 2% YoY. Premium segment recorded 9% YoY growth, the super-premium smartphone segment grew 95% and the uber-premium segment witnessed 133% …

Global smartphone market declined 8% YoY in Q2 2023, premium segment remains immune: report
1 year, 5 months ago

Global smartphone market declined 8% YoY in Q2 2023, premium segment remains immune: report

The Hindu  

The global smartphone market declined 8% year-over-year in Q2 2023, making it the eighth consecutive quarter to witness YoY decline. The slowdown in growth can be attributed to the global smartphone market moving past its growth phase, consumer replacement cycles getting longer, convergence in device innovation, and the emergence of a more mature refurbished market for smartphones. Premium segment remains …

Apple, Samsung capture 58% of global tablet market
1 year, 8 months ago

Apple, Samsung capture 58% of global tablet market

India TV News  

New Delhi: Apple, followed by Samsung, led the global tablet market in the first quarter of 2023, together making up nearly 58 per cent of the market even with the changing landscape post-pandemic, a report has shown. Apple shipped 10.8 tablets with a 35.2 per cent share in Q1, followed by Samsung at 23.1 per cent share and shipping 7.1 …

Smartphone Shipments In India Decline 16% In January-March: IDC Report
1 year, 8 months ago

Smartphone Shipments In India Decline 16% In January-March: IDC Report

News 18  

Smartphone shipments in India declined 16 per cent year-on-year in the January-March quarter to 31 million units, market research firm IDC said on Thursday. “31 million smartphones were shipped in India during the first quarter of 2023, a decline of 16 per cent YoY, and the lowest first-quarter shipments in four years," International Data Corporation’s Worldwide Quarterly Mobile Phone Tracker …

Foldable Smartphone Sales Decline For The First Time In Fourth Quarter Of 2022: Report
1 year, 10 months ago

Foldable Smartphone Sales Decline For The First Time In Fourth Quarter Of 2022: Report

News 18  

Bad news for foldable smartphones! As to the report, foldable smartphone shipments fell by 48 per cent compared to the previous quarter and 26 per cent compared to the same period in 2021, with a total of 3.1 million units shipped from October to December 2022. Although Q4 2022 saw a decline in shipments, the overall 2022 foldable phone shipments …

India smartphone market dip 27% in Q4; entry-level, sub-₹ 25,000 segment most hit
1 year, 11 months ago

India smartphone market dip 27% in Q4; entry-level, sub-₹ 25,000 segment most hit

The Hindu  

Smartphones shipments in India plunged by over 27% to 29.6 million in the October-December quarter of 2022, from 40.6 million in the year-ago period, mainly due to inflationary pressures, market research firm IDC said on Friday. IDC India, Research Manager, Client Devices, Upasana Joshi said dearth of new launches in sub-$150 smartphone segment limited its growth. According to IDC Associate …

China’s smartphone sales plunge to lowest level in a decade: Report
1 year, 11 months ago

China’s smartphone sales plunge to lowest level in a decade: Report

The Hindu  

China’s smartphone sales declined 14% y-o-y in 2022 to reach their lowest level in a decade, according to Counterpoint Research’s Market Pulse Service. In Q4 2022, China’s smartphone sales declined 15% y-o-y. The research firm analysed that since the spring of 2022, many cities in China, were being subjected to COVID-19 restrictions, which negatively impacted consumer sentiment and further delayed …

Samsung is now the top phone brand in India, Xiaomi drops to third position
1 year, 11 months ago

Samsung is now the top phone brand in India, Xiaomi drops to third position

India Today  

Which is the top smartphone brand in India? The South Korean smartphone brand has reportedly sold 6.7 million units for a market share of 21 per cent. The Chinese smartphone manufacturer Vivo takes the second spot with 6.4 million units shipped during the months between October – December. Sanyam Chaurasia, an analyst at Canalys said, "vendors that were focused predominantly …

Samsung's India unit claims government owes it $110 million. Govt says...
1 year, 11 months ago

Samsung's India unit claims government owes it $110 million. Govt says...

Hindustan Times  

Samsung Electronics Co. is struggling to collect manufacturing incentives it considers it’s owed by India, highlighting the sometimes complicated nature of such government programs. Samsung's India unit claims government owes it $110 million. Read here: Amazon Republic Day Sale: Here are top 6 picks in mobile phones, up to 37% off The smartphone giant’s India unit is seeking just under …

Foldable phones demand doubles in enterprise, shipments to touch 26 million in 2023
2 years, 1 month ago

Foldable phones demand doubles in enterprise, shipments to touch 26 million in 2023

The Hindu  

The demand for Samsung’s foldable smartphones has doubled in the enterprise sector on a yearly basis. The South Korean electronics giant reported that from January to October 2022, the number of foldable smartphones Samsung contracted to enterprise customers increased by 105% when compared to the same period in 2021. “With foldable smartphone shipments expected to reach 16 million units worldwide, …

Here’s why Samsung may cut smartphone shipments in 2023
2 years, 2 months ago

Here’s why Samsung may cut smartphone shipments in 2023

Live Mint  

Samsung is reportedly planning to cut its smartphone shipments in the year 2023. According to a report from Taiwan Economic Daily, the company may reduce its smartphone shipments by 13% next year. Samsung, as per the report, was able to raise its market share in smartphone shipments during the third quarter this year compared to the second quarter. Samsung’s rival …

Samsung continues to be India's most-selling smartphone company for the 10th consecutive year
2 years, 2 months ago

Samsung continues to be India's most-selling smartphone company for the 10th consecutive year

Firstpost  

Samsung had one of the best festive season sales this year and made over Rs 14,400 crore in revenue through sales of smartphones, wearables and tablets in September and October this year. Despite growing competition from Chinese manufacturers as well as other smartphone manufacturers, Samsung has managed to emerge as the most-selling smartphone company in India for the 10th consecutive …

Samsung's best Diwali ever, clocks smartphone sales worth $1.7 billion: Report
2 years, 2 months ago

Samsung's best Diwali ever, clocks smartphone sales worth $1.7 billion: Report

Hindustan Times  

Samsung Electronics Co. clocked its best-ever Diwali festival sales in India, after demand for consumer electronics held up well despite mounting inflation. Sales rose across models from the Flip and Fold to the flagship S22, Aditya Babbar, head of product marketing at Samsung’s India mobile business, told Bloomberg News. Apple sales by value in the same period were likely to …

Qualcomm predicts “ low double-digit drop” in phone sales in 2022
2 years, 2 months ago

Qualcomm predicts “ low double-digit drop” in phone sales in 2022

The Hindu  

Qualcomm, on Wednesday, in its fourth quarter fiscal report predicted a “low double-digit percentage” decline in phone sales. The company, one of the primary providers of chips and modems for smartphone manufacturers, changed its earlier prediction of a mid-single-digit percentage decline in smartphone sales citing uncertainty caused by macroeconomic environments, The predictions account for sales of 3G, 4G, and 5G …

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