Samsung loses top spot in 4 Southeast Asian smartphone markets
Tue, May 11 2021 07:01:00 PM
Seoul, May 11 (IANS): Samsung Electronics lost its top spot in four major smartphone markets in Southeast Asia in the first quarter of the year, a report showed on Tuesday, as it faced intensified competition with Chinese brands in the region.
The South Korean tech giant logged a 19 percent market share in Indonesia, the Philippines, Thailand and Vietnam in the January-March period, down from 22 percent a year earlier and slipped to the runner-up spot, according to the latest report from market researcher Counterpoint Research.
Guangdong Oppo Mobile Telecommunications Corp., simply known as Oppo, claimed the top position from Samsung in the first quarter with a share of 22 percent, up from 21 percent a year earlier.
Samsung and Apple top global smartphone market as Chinese firms keep growing
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The first-quarter smartphone shipment data from Canalys shows that the top two smartphone companies in the world are slowly shrinking in market share despite somereports focusing on Apple Inc. iPhone sales surging in the first quarter.
Samsung Electronics Co. Ltd. maintained its lead with a 22% share of all smartphone sales in the first quarter, shipping 76.5 million units, followed by Apple with a 15% share, shipping 52.4 million units. Combined, the two leading companies now hold only 37% of the overall smartphone market as leading Chinese firms, save one, surging in popularity.