Samsung Remains Top Smartphone Vendor in Q2 Despite Sharp Sales Decline | Be Korea-savvy

Samsung Remains Top Smartphone Vendor in Q2 Despite Sharp Sales Decline


This photo taken on July 7, 2020, shows Samsung Electronics Co.'s smartphones displayed at a store in Seoul. (Yonhap)

This photo taken on July 7, 2020, shows Samsung Electronics Co.’s smartphones displayed at a store in Seoul. (Yonhap)

SEOUL, Aug. 26 (Korea Bizwire)Samsung Electronics Co. remained the top smartphone vendor in the second quarter of the year despite suffering a sharp decline in sales, a report showed Wednesday.

Samsung sold 54.75 million smartphones in the April-June period to take a 18.6 percent market share, according to market researcher Gartner Inc.

Its second-quarter sales suffered a 27.1 percent on-year decline, the largest drop among the top five smartphone brands, Gartner added.

“The COVID-19 pandemic continued to negatively affect Samsung’s performance in the second quarter of 2020,” said Anshul Gupta, senior research director at Gartner. “Demand for its flagship S Series smartphones did little to revive its smartphone sales globally.”

China’s Huawei Technologies Co. came a close second with a 18.4 percent market share after it sold 54.12 million smartphones in the second quarter, down 6.8 percent from a year ago, according to Gartner.

“Huawei’s performance in China helped it avoid a worse quarterly performance,” it said.

U.S. tech titan Apple Inc. was third with a 13 percent market share after it sold 38 million iPhones in the second quarter, down 0.4 percent from a year earlier.

Chinese brands Xiaomi and Oppo took the fourth and fifth spots in the global smartphone sales rankings, respectively, Gartner said.

The global smartphone sales in the second quarter dropped 20.4 percent on-year to 295 million units, according to Gartner, as the COVID-19 pandemic continued to undermine the mobile phone industry.

(Yonhap)

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