Samsung Electronics’ market share in China slips to 0.8%

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Samsung Electronics’ market share in China slips to 0.8%

Samsung Electronics saw its second-quarter market share in China drop below the 1 percent mark, data showed Friday, falling far below its heyday in 2013, when it accounted for 20 percent.

According to data compiled by Strategy Analytics, Samsung Electronics sold 800,000 smartphones in China over the April-June period, accounting for only 0.8 percent of Asia’s biggest economy.

Among smartphone makers, Samsung ranked 12th place in the Chinese market.

The Korean tech giant took up 3.1 percent in the first quarter of 2017, with its presence dropping to 0.8 percent in the fourth quarter of that year.


Yonhap

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