Samsung retains high spot in international smartphone market in Q3: Report

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Samsung Electronics retained the highest spot within the international smartphone market within the third quarter of the yr, a brand new report confirmed.

The world’s largest smartphone maker held a market share of 20 per cent within the July-September interval, adopted by Apple with 14 per cent and Xiaomi with 13 per cent, in keeping with the report from market researcher Counterpoint Analysis.

Through the three months, the South Korean tech big shipped 69.3 million smartphones, up 20 per cent from the earlier quarter and down 14 per cent from a yr in the past, Yonhap Information Company quoted the report as saying.

The variety of international locations the place Samsung loved the main place, nonetheless, decreased to 43 from 46 two years in the past.

The corporate led the smartphone markets in Europe, Latin America and Center East-Africa, whereas the Chinese language telephone maker Vivo led the Asian market and Apple led the North American market.

The analysis firm stated Apple has avid followers within the US and a few European international locations, whereas Xiaomi has been increasing its buyer base aggressively in India and Motorola has taken up the vacant spot left by South Korea’s LG Electronics, which withdrew from the smartphone market earlier this yr.

Total, the worldwide smartphone market grew six p.c from the earlier quarter to 342 million models in whole.

Lee Yoon-jung, an analyst at Counterpoint, stated Samsung must proceed pushing forward with technological advances within the foldable telephone market and beef up its 5G smartphone lineup in rising markets.

(Solely the headline and film of this report might have been reworked by the Enterprise Normal employees; the remainder of the content material is auto-generated from a syndicated feed.)

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