Samsung Electronics Co.’s Galaxy S10 5G is displayed at KT Square in central Seoul on July 11, 2019. (Yonhap)
SEOUL, Jan. 3 (Korea Bizwire) — Samsung Electronics Co. said Friday it shipped more than 6.7 million Galaxy 5G smartphones last year, solidifying its top dog status in the global 5G handset market.
With solid shipment performance, Samsung said it accounted for 53.9 percent of the global 5G smartphone market as of November 2019, citing data from market tracker Counterpoint Research.
Samsung launched five Galaxy 5G devices last year, including the Galaxy S10 5G and Note 10 5G, as well as Galaxy Fold 5G.
The South Korean tech giant said that it will unveil more 5G mobile devices this year.
“For Samsung, 2020 will be the year of Galaxy 5G, and we are excited to bring 5G to even more device categories and introduce people to mobile experiences they never thought possible,” Roh Tae-moon, who heads research and development at Samsung’s IT & Mobile Communications division, said.
Samsung said it first plans to introduce the Galaxy Tab S6 5G, a 5G-based tablet, in South Korea in the first quarter of 2020.
Industry observers said global 5G smartphone sales will pick up from this year as telecommunication service operators are also ramping up their 5G networks.
“5G smartphones contributed to 1 percent of global smartphone sales in 2019,” said Neil Shah, a research director at Counterpoint Research.
“However, 2020 will be the breakout year, with 5G smartphones poised to grow 1,687 percent with contribution rising to 18 percent of the total global smartphone sales volumes.”
(Yonhap)
