Samsung Electronics have historically been at the forefront of technological developments and trends, especially in the smartphone market. The best examples of this are his early introduction of 5G phones and foldable smartphones such as the Galaxy Fold. Now, thanks to the rapid development of new and faster bandwidth, the company is a market leader in 5G smartphones in the third quarter of 2019.
Samsung Galaxy Fold 5G
According to a new report, the South Korean tech giant has put 3.2 million 5G smartphones in the third quarter of 2019. This number is 74 percent of the total sales volume of 4.3 million devices in the global market. In addition, the sales of smartphones Samsung 5G in the third quarter essentially doubled from 1.5 million units delivered in the second quarter of 2019; which also showed that it remains the leader with 83% share in the total shipments of smartphones 5G.
Gerrit Schneemann, senior analyst, smartphones, IHS, Markit, said that the company had benefited from its home-field advantage through faster bandwidth. Thanks to the rapid development of the market of South Korea, the company was able to take advantage of the initial stage of network integration 5G in the country. It is noteworthy that Samsung quickly implemented capabilities of 5G in the line of their devices, making it the largest producer of smartphones 5G among all other brands.
South Korea is moving forward with its market 5G. The country had already planned that her wireless operators will officially start providing services in April 2020. This led to the fact that Samsung and even LG, who took second place in the smartphone market 5G, have taken initiatives with aggressive promotions in the country to a new and faster bandwidth. This allowed both companies to benefit significantly from the development of bandwidth, and also occupy a leading position in the market of 5G as a whole.
Other 5G on the market include brands such as Xiaomi, Huawei, Oppo, Vivo, and ZTE from China. These brands accounted for about 17 percent of the total supply 5G with 700,000 units in the second and third quarters. It is expected that as the start of service 5G in China, the aforementioned brands will see a sharp increase in the overall standings and indicators.