SamMobile has affiliate and sponsored partnerships. If you buy something through one of these links, we may earn a commission.

News For You
News For You
Notifications

Samsung’s smartphone sales dropped by more than half in China in Q1

Business
By 

Last updated: May 9th, 2017 at 08:56 UTC+02:00

According to a Hong Kong-based research firm, Samsung's smartphone sales dropped by more than half in China in the first quarter of 2017 as the company lost ground to local manufacturers Huawei, Oppo and Vivo.

More specifically, shipments of the firm's smartphones in the region decreased by around 60 percent year-on-year to 3.5 million units in the first quarter. Its market share also plummeted to 3.3 percent from 8.6 percent.

For comparison, shipments of Huawei, Oppo and Vivo handsets increased by 25 percent, 81 percent and 60 percent, respectively, with the former holding a majority market share of 19.7 percent.

“Oppo and Vivo were the fastest growing brands followed by Huawei, together cementing the top three spots and extending their lead over Apple, Xiaomi and Samsung by a widening margin,” said Neil Shah, a researcher at Counterpoint Technology Market Research.

The strong sales of Chinese smartphones were driven by their affordable prices, convenient distribution channels and localized app services. Samsung's devices, on the other hand, are more expensive and are only available from offline agents.

Source BusinessPhone Distribution
Galaxy AI summarized

Scroll for more related content
News For You

You might also like