Samsung is one of the leading suppliers of many smartphone components. The list includes batteries, displays, chipsets, RAM, image sensors and more. The components business makes up a big chunk of its earnings and profits every quarter.
The company is expected to report one of its best quarterly profits yet in Q3 2021. Its semiconductor business is to thank for that. However, the company wasn't able to sell as many image sensors as it has in the past.
Samsung's image sensor revenue share declines in H1 2021
A report from market research firm Strategy Analytics reveals that Samsung retained its second place in the global smartphone image sensor market in the first half of 2021. However, despite keeping its second place, the company's share of the market has actually declined.
Samsung accounted for 25% of the revenue share in the first six months of this year, down from 32% in the same period last year. Its share went down even as the global image sensor market saw revenue growth of over 10% in H1 2021.
Sony remains the undisputed leader in this segment with a 42% revenue share. However, it also saw a slight decline from 44% just a year ago. OmniVision came in third place with a 13% revenue share. It registered an increase from 9% in H1 2020.
Samsung has recently introduced great new image sensor products that we'll be seeing in many devices due next year. Its latest 200 megapixel image sensor is one of those products. Many of Samsung's own upcoming devices will be sporting its sensors.
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