Technology
Samsung's smartphone share in Europe surges in Q2
Seoul, Sep 15
Samsung Electronics Co.'s smartphone shipments to Europe jumped in the second quarter (Q2) from a year earlier, benefiting from Huawei's struggle with the US trade ban, a report showed on Sunday.
Samsung's smartphone exports to Central and Eastern Europe accounted for 40 per cent of the market in the April-June period, up from 33 per cent a year earlier, according to the market researcher Counterpoint Research.
Its share was twice that of Huawei of China's 20 per cent, Yonhap news agency reported.
The South Korean tech firm posted the strong performance despite flattening smartphone demand in the region, led by solid sales of its mid-range Galaxy A-series.
"Samsung benefited from the drop in Huawei's volumes after the US' trade ban.
"Excellent traction for its refreshed A-series also helped the company's performance in the region," Counterpoint Research said in the report.
Samsung was able to attract European consumers with its affordable and powerful A-series, which took up nearly 70 per cent of its smartphone shipments in the region, the research firm said.
Samsung's smartphone exports to Central and Eastern Europe accounted for 40 per cent of the market in the April-June period, up from 33 per cent a year earlier, according to the market researcher Counterpoint Research.
Its share was twice that of Huawei of China's 20 per cent, Yonhap news agency reported.
The South Korean tech firm posted the strong performance despite flattening smartphone demand in the region, led by solid sales of its mid-range Galaxy A-series.
"Samsung benefited from the drop in Huawei's volumes after the US' trade ban.
"Excellent traction for its refreshed A-series also helped the company's performance in the region," Counterpoint Research said in the report.
Samsung was able to attract European consumers with its affordable and powerful A-series, which took up nearly 70 per cent of its smartphone shipments in the region, the research firm said.
6 minutes ago
The "undetonated local bomb" and the "exploding knife"; Chennai police shot and arrested 'Bomb Sharavanan'
46 minutes ago
A triple murder in Ernakulam, Chendamangalam; three members of a family were stabbed to death.
1 hour ago
Indian-origin Sunita Williams undertakes spacewalk after 12 years
1 hour ago
A dead lizard inside a samosa; discovered after bringing the parcel home.
2 hours ago
The NEET UG exam will follow the same format as previous years this time as well, with the exam conducted in a single shift on a single day.
2 hours ago
₹1 crore brought to refill the ATM was stolen; an employee was shot dead.
3 hours ago
TikTok plans US shutdown amid looming ban by legislators
3 hours ago
Netanyahu thanks Trump, Biden for Israel-Hamas ceasefire deal
3 hours ago
US President Biden warns of 'oligarchy' formation in US
4 hours ago
'Economic corridor vision from India, Middle East, Europe can now become reality': Biden on ceasefire
4 hours ago
US adds 11 Chinese entities to Entity List, removes BARC and two other Indian organisations
4 hours ago
'We have achieved so much without even being in White House': Trump on Israel-Hamas ceasefire
5 hours ago
Lyca to release trailer of Vidaa Muyarchi tonight; Social media abuzz with rumours on film’s new release date