Sunday, June 15, 2025
  • Login
GoTradingAsia
  • Awards
  • Forex
  • Crypto
  • Stocks
  • Education
  • Broker Directory
  • Contact us
No Result
View All Result
GoTradingAsia
  • Awards
  • Forex
  • Crypto
  • Stocks
  • Education
  • Broker Directory
  • Contact us
No Result
View All Result
GoTradingAsia
No Result
View All Result

Samsung Smartphones Tops Global Market, Again

D. Atika by D. Atika
6 years ago
in Business News, Stock Market

Samsung Electronics’ Smartphones maintained their top position in global markets.

According to a market research company called Strategy Analytics on the 31st, Samsung Electronics shipped 76.3 million units in the second quarter of this year. It earned the top spot with a 22.3 percent market share.

The figure is up nearly 2 percent from 71.5 million units and 20.4 percent in the same period last year-on-year. However, the sales of Galaxy S10 have slowed down. But its market share has increased as sales of mid- and low-priced phones have increased.

The company announced that the IT & Mobile Communications (IM) division made $21.98 billion this quarter. It also reported $0.89 billion in operating profit. The ales increased 7.9 percent year-on-year, but operating profit fell 34.2 percent.

RelatedArticle

How AI and Machine Learning Transforming Trading Strategies

GameStop Shares Surge Roaring $116 Million Position

Dow Jones Rises Inflation Data Dell Plunges Earnings

NIO Stock Confusion: Why It’s Good News for Tesla

Samsung Galaxy s10 smartphone
Samsung Galaxy S10

The poor performance was attributed to the sharp slowdown in sales of the Galaxy S10 in May and June, although overall smartphone sales rose on brisk sales of the Galaxy A series. The phone also deemed to be responsible for the drop in profitability. As a large number of new technologies were put into low and medium-priced phones to defend their market share.

Read More: Galaxy Fold to Finally Launch in September

Samsung Smartphone at the top, Huawei still able to follow despite US ban

On the other hand, Huawei had been expecting a blow to its smartphone business in the wake of the U.S.-China trade war. Instead, it rather increased its shipment of smartphones by 8 percent.

Huawei shipped 58.7 million units in the second quarter, of 2019 accounting for 17.2 percent of the market. In the same period a year earlier, it shipped 54.2 million units to take a 15.5 percent share, but gained around 2 percent.

The gap in market share between Samsung Electronics and Huawei increased. It was  4.9 percentage points in the second quarter of last year and now, it is 5.1 percentage points in the second quarter of this year.

Apple shipped 38 million units, falling 8 percent on-year to 11.1 percent, staying in third place. Xiaomi (9.4 percent) and Oppo (8.7 percent) came in fourth and fifth, respectively.

“It appears that Huawei has increased its size in its own Chinese market in order to counteract regulatory uncertainty in areas such as North America and Western Europe.” – Strategy Analytics.

Read more: Xiaomi to Enter South Korean Market Deeper

Tags: appleHuaweiOppoSamsungSmartphoneSmartphone marketsXiaomi
D. Atika

D. Atika

Related Posts

How AI and Machine Learning Transforming Trading Strategies

AI and Machine learning in trading. Illustration of a business professional shaking hands with a robot. The robot is emerging from a large smartphone screen. Surrounding the smartphone are various technological and financial icons, including a light bulb, blockchain symbols, a microchip, graphs, and currency symbols, representing the integration of artificial intelligence in business. The background is a light blue color. That simbolyse about AI impact on business efficiency.
by oney
November 1, 2024

The integration of AI and machine learning into the financial markets is revolutionizing trading strategies, enhancing algorithmic trading, and equipping...

Read more

GameStop Shares Surge Roaring $116 Million Position

GameStop shares surge
by oney
October 30, 2024

In a dramatic turn of events, GameStop shares surged 80% following a significant reveal by the well-known trader Keith Gill,...

Read more

Dow Jones Rises Inflation Data Dell Plunges Earnings

Dow Jones rises on inflation data. Illustration of a hand in a business suit holding a red marker, drawing an upward trending line on a graph. The red line represents a fluctuating but overall increasing trend, symbolizing growth or improvement in a business or financial context. The background is a light gray color.Stock Market Correction Strategies
by oney
October 26, 2024

Introduction The Dow Jones Industrial Average experienced a notable rise following the release on new inflation data, while Dell Technologies...

Read more

NIO Stock Confusion: Why It’s Good News for Tesla

NIO stock trading
by oney
October 25, 2024

Introduction The electric vehicle (EV) market has been a hotbed of activity, with companies like NIO and Tesla often making...

Read more
Load More
Next Post

Will Libra Help or Hurt Crypto Industry?

Trending Issues

  • Marelli Holdings avoid bankruptcy

    Marelli Wins Consents to Avoid Bankruptcy

    0 shares
    Share 0 Tweet 0
  • How to Make Money from the Clubhouse App

    0 shares
    Share 0 Tweet 0
  • Elon Musk Makes Bitcoin Price Jump to $36,850

    0 shares
    Share 0 Tweet 0
  • 5 Facts in the Start-Up Drama Story (Part 2)

    0 shares
    Share 0 Tweet 0
  • Baidu, A Look At Chinese Version of Google

    0 shares
    Share 0 Tweet 0

Get the latest market news and trading tips to your inbox daily, subscribe now !

Topic

  • Asia News
  • Asia Trade
  • Bonus+Promotions
  • Broker News
  • Business News
  • Cryptocurrency
  • Currency Analysis
  • Finance News
  • Forex & Market
  • Forex Tips
  • Hot News
  • Investment Tips
  • Learn to Trade
  • Market Analysis
  • Politics Issue
  • Reviews
  • Social Media
  • Stock Analysis
  • Stock Market
  • Stock Trading Tips
  • Technical Analysis
  • Tips
  • trading strategy
Go Trading Asia

Go Trading Asia covers the latest in Business and Economic News and Market Analysis, with the aim of Providing Readers with the knowledge and tools to make better informed financial decisions.

  • Contact us
  • Privacy Policy
  • Disclaimer

© 2021 Go Trading Asia.

No Result
View All Result
  • Awards
  • Forex
  • Crypto
  • Stocks
  • Education
  • Broker Directory
  • Contact us

© 2021 Go Trading Asia.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In