Samsung is the world’s largest smartphone manufacturer. After more than two years of hard work, Samsung has regained its leading position in the Indian market.
Now, Samsung is reported to have an unprecedentedly high market share in its home country, South Korea.
According to a report by Strategy Analytics, Samsung’s market share in South Korea in the third quarter of this year reached a record high of 72.3%. This is the company’s first successful breakthrough of the 70% mark.
This year, the company expanded its smart phone product line by introducing new upgrades to its existing product line and new foldable devices on the market.
It seems that the brand’s premium products (including the Galaxy Note 20 series, Galaxy Z Flip 5G and Galaxy Z Fold2 5G) have played an important role in achieving this milestone.
However, given that the newly launched Apple iPhone 12 series has received good reviews and is currently a hot-selling product, the performance of the Korean giant in its domestic market in the fourth quarter of this year (ie, the fourth quarter of 2020) remains to be seen.
It is reported that, in order to solve the problem of Apple grabbing more market share on iPhone 12 models, Samsung plans to launch its next-generation Galaxy S21 series around mid-January next year.
It is also reported that the price of the company’s upcoming flagship product will be lower, and it is reported that the company also plans to bundle more accessories. Therefore, it will become very interesting to see this situation.