À̹ÌÁö È®´ë [Photo by Yonhap]
Samsung Electronics Co.¡¯s profitability from smartphone sales jumped in the third quarter thanks to its pricy rollable and 5G latest flagships, pushing its share in global earnings to its best in six years.
The South Korean tech giant made up 32.6 percent of global income from smartphone sales profits in the quarter ended September, sharply increased from 18.8 percent a year ago and 13.8 percent in the previous three months, according to market research firm Strategy Analytics on Friday.
Its market share was the best since 37.9 percent in the second quarter of 2014.
Apple¡¯s profit share in the latest quarter was 60.5 percent, down from 66.9 percent a year ago and 79.0 percent in the previous quarter.
À̹ÌÁö È®´ë [Photo by Yonhap]
Apple¡¯s considerably higher profit share is largely due to the premiumization strategy of its iPhone series. It grabbed 77.9 percent of the world¡¯s smartphone profits in 2018 and 75.0 percent in 2019.
Samsung was also able to narrow sales gap with Apple to single-digit levels. In the third quarter, Samsung¡¯s smartphone market share by revenue was 22.6 percent versus Apple¡¯s 29.5 percent.
In the second quarter, Apple¡¯s share was 35.0 percent and Samsung¡¯s 17.3 percent. A year earlier, Apple had taken 33.8 percent of the market and Samsung 20.2 percent.
In terms of unit volume, Samsung came out on top with a share of 21.9 percent. China¡¯s Huawei and Xiaomi followed with 14.1 percent and 12.7 percent, respectively. Apple stood fourth with 11.9 percent.
By Pulse
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