SEOUL, July 22 (Korea Bizwire) — South Korea’s top tech giant Samsung Electronics managed to maintain its presence in the global smartphone market in the second quarter, but its archrival Apple suffered a setback in the face of growing demand for low- to mid-end devices, data showed Wednesday. Samsung took up 26.8 percent of the [...]
SEOUL, Feb. 2 (Korea Bizwire) — South Korea’s top tech giant Samsung Electronics Co., was relegated to No. 3 in smartphone market share in China in the fourth quarter of 2014, outperformed by U.S. rival Apple Inc., and is being threatened by its Chinese peers who are catching up fast, market data showed Monday. Samsung [...]
SEOUL, Jan. 29 (Korea Bizwire) — Samsung Electronics Co. set out to reclaim its edge in the handset business that on Thursday revealed its weakest annual earnings in three years for the world’s top smartphone maker, as competition is expected to get fiercer with global rivals in both the high- and low-end markets. The tech [...]
BEIJING, Jan. 28 (Korea Bizwire) – Samsung Electronics Co., once China’s No. 1 smartphone vendor, sold fewer smartphones in China for the fourth quarter of last year than Apple Inc. and local brand Xiaomi Inc., continuing to lose ground in the battle for the world’s largest smartphone market, a market tracker said Wednesday. “The incredible [...]
SEOUL, Aug. 7 (Korea Bizwire) – Samsung Electronics is losing its power seller status in the lower-end smartphone market in China pushed back by local smartphone providers led by Xiaomi. According to Business Week on August 5, Xiaomi ranked first in the smartphone market in China beating Samsung by quoting a report of market research firm Canalys. [...]
SEOUL, Aug. 1 (Korea Bizwire) — Samsung Electronics has entered an “emergency mode,” following the mediocre sales performance of the Galaxy. Some within the company are talking about the possibility of a downsizing or a major reshuffling. In a leader-less situation, Samsung’s state of panic is getting more serious. As expected, the second-quarter financial results released on July [...]
LONDON, July 7, 2014 (Korea Bizwire)–Samsung and Apple account for the majority of the top 20 smartphone models sold worldwide in Q1 2014. Heavily marketed flagship devices like the iPhone 5s 16GB and Samsung’s Galaxy S4 i9500 16GB top the rankings. “Samsung’s dominance is driven by its market leading 27% market share and despite Apple’s [...]