Samsung reported its highest quarterly earnings for Q3 2020. This revenue even reclaimed the number one ranking in the market smartphone India after a two year hiatus.
Not only that, Samsung The Galaxy S20 is rumored to be a series smartphone 5G bestseller in the world.
Market analysis firm Strategy Analytics reveals Samsung Galaxy S20+ 5G is smartphone 5G bestseller in the world in the first half of 2020.
Galaxy S20 Ultra 5G and Galaxy S20 5G also did not miss being in the next sequence as smartphone 5G bestseller as quoted by SamMobile.
Globally each, device 5G Samsung these ranks second and third. In the next sequence, there is Huawei P40 Pro 5G and Huawei Mate 30 5G in fourth and fifth position.
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Despite Samsung’s strong performance in the 5G smartphone market, its market share is predicted to decline in Q4 2020 and in the rest of 2021 as Apple recently launched the iPhone 12 series.
As is known, the four models of the iPhone 12 series (iPhone 12 mini, iPhone 12, iPhone 12 Pro, and iPhone 12 Pro Max) are equipped with internal 5G connectivity.
Samsung hopes that Samsung’s flagship smartphone will be able to fight Apple by launching more 5G smartphones in the mid-range segment and for entry-level countries in countries with 5G networks.
So far, the Galaxy A42 5G has already been showcased, and it looks like it will have to work hard to get started in more markets in the coming months.
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