Most Popular Smartphone In Korea – Samsung regained some of the smartphone market share it lost to Apple in South Korea in the first quarter of 2021, thanks to the Galaxy S21 series launching earlier than usual.
Samsung owns 67% of South Korea’s smartphone market in the first quarter of 2021, according to research firm Counterpoint on Wednesday.
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The 67 percent result is a 3-point increase from 64% at the same time last year and a 9-point jump from 58% in the previous quarter.
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Samsung has maintained over 60% of the market in its home country for years, but lost to Apple in the fourth quarter of 2020 due to the launch of the iPhone 12. Cupertino had a market share of 31% during the quarter, a strong new project from the company in South Korea thanks to the popularity of the iPhone 12.
Counterpoint attributed Samsung’s market growth in the first quarter to the early launch of the Galaxy S21 series, competitive product pricing and the company’s various development projects with local telcos.
Apple, meanwhile, had a 22% market share in the quarter. LG, which plans to wind down its mobile phone operations in July, had a 10% market share at the same time, down from 11% in the previous quarter.
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According to Counterpoint, Samsung’s Galaxy S21 5G smartphone was the most popular smartphone in South Korea during the first quarter. This follows the tech giant’s Galaxy A31 and Apple’s iPhone 12 Pro. Overall, seven of the top 10 selling phones in the quarter belonged to Samsung. The other three are Apple iPhones.
Meanwhile, total mobile phone sales in South Korea in the first quarter rose 21% from last year, the analyst firm reported. However, Counterpoint noted that second-quarter sales are expected to decline due to a lack of new products and LG’s exit from the smartphone market.
In May, Samsung and Apple launched their plans to sell LG smartphones in South Korea to secure market share from LG’s exit.
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Related The best Samsung phones you can buy Samsung News app launched for Galaxy users. Here’s what you need to know: Google is rushing to develop an artificial intelligence search engine after Samsung considered ditching it for Bing, and they showed that South Korean phone maker Samsung tops the list of popular phone brands. in Q3 2022 in terms of mobile phone shipments.
The latest data on major mobile phone companies and their shipments shows that Samsung shipped 64.3 million smartphones in Q3 2022. This is 7.2% lower than its smartphone shipments in Q3 2022. Q3 2021. Again, it increased. 21% of the world shipping market. In other words, more than one in five phones shipped in Q3 2022 were manufactured by Samsung.
This is part of the company’s aim to increase its market share and launch more 5G products. It hopes to ride on the demand of consumers who are finally ready to replace their old devices as the pandemic ends.
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In second place, rival Apple shipped 49.2 million smartphones in Q3 2022, down 2.5% year-on-year and a 16% market share.
Together, Samsung and Apple’s global shipments share 37%, meaning that nearly a third of all smartphones shipped in Q3 2022 were produced by these two companies.
Third in this list of the largest mobile phone companies (by shipment) is Xiaomi, which shipped 40.5 million devices in the 3rd quarter of 2022. This represents a decrease of 8.8% on an annual basis.
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By the way, last year, the company reported a 64% increase in revenue in the second quarter of last year, surpassing Apple to become the second largest mobile phone manufacturer.
The fourth most popular phone brand is Oppo, with 29.5 million units shipped in the third quarter of 2022. This represents a drop of 22.6% year-on-year, which is a significant drop from last year’s figures. Rounding out the list of top smartphone brands is vivo, which shipped 26 million devices, down 22.8% year-on-year.
Apple is the only phone brand on this list to increase its shipments every year, which is remarkable even with market performance. Overall, 301.9 million smartphones across all brands were shipped in the third quarter of 2022, down 11.7% year-on-year.
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Of the top five phone brands, four come from Asia – specifically, China and South Korea. Apple is the only non-Asian brand to make the list.
Uses cookies to provide basic site functions and improve your experience. By using our website, you agree to our privacy policy. Many industries took a hit last year, and the smartphone market was no exception – in 2020, smartphone sales worldwide fell by 12%.
However, despite the overall decline, two of the world’s top five brands – Apple and Xiaomi – saw sales growth from last year.
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Samsung remains the largest smartphone maker – at least for now – taking about 19% of the global market in 2020. This is about one percent of the market share it had in 2019.
However, while Samsung’s market continues to be positive, sales are down about 15% in 2020. This is slightly higher growth than the overall market, which saw sales decline by 12.5% last year.
Meanwhile, Apple climbed the rankings in 2020, surpassing Huawei to take second place on the list. The American company launched the iPhone 12 in October 2020, which increased Q4 2020 group sales by about 15% compared to Q4 2019.
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The future is bright for global smartphone sales, and this year is no exception. In fact, Gartner expects an increase of 11.4% compared to last year.
According to Gartner, the progress is due to two main reasons – the slow replacement of the device, which is reflected by the decrease in sales last year, and the increase in the production of new available products.
Notes: According to Gartner, Mature Asia Pacific refers to Australia, Japan, New Zealand, Singapore and South Korea. Sales data is from 2020.
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Datastream How Gen Z Feels About Their Financial Future Despite the upcoming uncertainty, members of Gen Z are optimistic about their financial future.
From the rising cost of living to the effects of disease, Gen Z faces many challenges once they enter the workforce.
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For starters, the rising cost of education and the resulting rise in student debt has caused many Gen Zers to question the value of a post-secondary education. Meanwhile, layoffs and economic uncertainty have them worried about the quality of work. Moreover, concern about climate change is a real factor affecting the way young people see their future.
A survey conducted by Morning Consult – seen in the image above – found that while Gen Z feels more uncertain about their financial future than ever, the majority believe they will be better off financially than their parents, if not.
Gen Z is an optimistic and driven generation. Many young people in this generational cohort are turning to entrepreneurship and side hustles as a way to supplement their income and build a brighter future.
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So when asked how they would fare compared to their parents, it makes sense that 38% of Gen Z youth polled by Morning Consult believe they would fare better than their parents. 43% believe that their financial situation will remain the same, and only 19% believe that it will be worse.
Regardless of gender or race, four out of five generations say they will be as old as their parents, if not older.
So while most of the stories we hear about Gen Z’s vision are unplanned, this generation is more optimistic and determined than one might expect.
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Data: The survey was conducted November 2-8, 2022, among a representative sample of 1,000 US respondents between the ages of 13 and 25, with a margin of error of plus or minus 3 points. Figures may not add up to 100% due to rounding.
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