SME Times is powered by   
Search News
Just in:   • Report proposes ease of doing biz for MSEs  • 'US risks falling into economic hole without decisive action'  • FY21 NH construction pace to improve EPC players' performance: Report  • Mobile industry raises demand for GST rate cut in Budget  • FM launches Union Budget mobile app 
Last updated: 02 Dec, 2020  

Samsung.9.Thmb.jpg Samsung tops global smartphone production in Q3: Report

   Top Stories
» Report proposes ease of doing biz for MSEs
» FM launches Union Budget mobile app
» Vehicle demand rises in Dec: Report
» 'Fiscal support for growth in 2020 decade likely to be lower'
» Odisha registers 55% increase in export despite Covid
IANS | 02 Dec, 2020
Samsung Electronics was the top global smartphone manufacturer in the third quarter of the year, a report said on Wednesday, as demand for its mobile devices increased in advanced markets amid the pandemic.

Samsung led the industry in terms of smartphone production with 78 million units in the July-September period, up 42 percent from a quarter earlier, and accounted for 23.2 percent of the total share, according to market researcher TrendForce.

"This result reflects Samsung's continuing focus on specific regional markets such as North America and Europe," TrendForce said.

"Owing to economic stimulus policies and subsidies, smartphone sales in the target markets have recovered somewhat".

Samsung was followed by Chinese players Oppo and Xiaomi, which had market shares of 13.4 percent and 13.2 percent, respectively, reports Yonhap news agency.

OPPO, which includes OnePlus and Realme devices, produced 45 million smartphones in the third quarter, up 64 percent from the previous months, while Xiaomi manufactured 44.5 million smartphones, up 51 percent from the previous quarter.

Apple shared the fourth spot with Huawei with a market share of 12.5 percent in the third quarter. The U.S. tech titan's iPhone production increased only 2 percent quarter-on-quarter to 42 million units in the third quarter due to the delayed release of new iPhone 12.

Global smartphone production jumped 20 percent quarter-on-quarter to 336 million units in the third quarter, TrendForce added.

Looking ahead to the fourth quarter, TrendForce projected worldwide smartphone production to reach 351 million units, up 4 percent from the previous quarter.

In the fourth quarter, TrendForce expected Apple to become the top smartphone producer with 74.1 million units for a 21.1 percent market share, followed by Samsung with 62 million units for a 17.7 percent share.

Oppo and Xiaomi were estimated to produce 47 million and 46 million smartphones, respectively, with Vivo rising as the fifth-largest smartphone producer with 35 million units in the fourth quarter.

Huawei was expected to make only around 30 million smartphones in the fourth quarter, down 30 percent from the previous quarter, due to US sanctions.

For the entire year, TrendForce expects global smartphone production to reach 1.25 billion units, down 11 percent from a year ago, due to the pandemic.

However, it forecasts worldwide smartphone production to increase 9 percent on-year to 1.36 billion units in 2021.
Print the Page
Add to Favorite
Share this on :

Please comment on this story:
Subject :
(Maximum 1500 characters)  Characters left 1500
Your name:

  Customs Exchange Rates
Currency Import Export
US Dollar
UK Pound
Japanese Yen 58.85 56.85
As on 25 Jan, 2021
  Daily Poll
COVID-19 has directly affected your business
 Can't say
  Commented Stories
» L&T secures Rs.3.44 billion project from Power Grid(1)
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter