Samsung tops global smartphone market in August, beats Huawei: Report

Samsung lost its top smartphone vendor status to Huawei in April, but it recaptured the position later, following a recovery in the Indian smartphone market

Samsung Electronics
The South Korean giant has been expanding its presence in India, the world’s second-largest smartphone market.
IANS Seoul
2 min read Last Updated : Sep 30 2020 | 11:52 AM IST

Samsung Electronics was the world's top smartphone vendor in August, a report showed Tuesday, as it widens the gap with China's Huawei Technologies amid the pandemic.

The South Korean tech giant accounted for a 22 per cent share of the global smartphone market last month, beating Huawei with a 16 per cent share, according to industry tracker Counterpoint Research.

The gap of 6 per cent points between the two sides is the largest since February, when China's smartphone market was severely hit by COVID-19 lockdowns, the market researcher said, reports Yonhap news agency.

Samsung lost its top smartphone vendor status to Huawei in April, but it recaptured the position later, following a recovery in the Indian smartphone market.

The South Korean giant has been expanding its presence in India, the world's second-largest smartphone market, helped by growing anti-China sentiment in the South Asian nation following a border clash between Beijing and New Delhi.

Apple took the third spot with a 12 per cent share, followed by China's Xiaomi with an 11 per cent share, according to Counterpoint Research.

The US sanctions against Huawei -- which ban the supply of semiconductors made with US equipment, software and design to the Chinese firm without prior approval from Washington -- could shake up the global smartphone market and give a good opportunity to other brands.

"For Samsung, it will be a good opportunity to raise its smartphone market share, especially in Europe, where the company has been competing fiercely with Huawei in various price bands," said Kang Min-soo, an analyst at Counterpoint.

--IANS

wh/na

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :SamsungSamsung IndiaSmartphone market

First Published: Sep 30 2020 | 11:36 AM IST

Next Story