Samsung further ups presence in domestic smartphone market in Q1: report

Business

SEOUL– Samsung Electronics Co. further expanded its dominance in the domestic smartphone market in the first quarter of the year on the back of robust sales of the Galaxy S and A series, a report showed Wednesday.

Samsung had a share of 67 percent in the South Korean smartphone market in the January-March period, up 9 percentage points from a quarter earlier, according to data from market researcher Counterpoint Research.

Its first-quarter market share was also 3 percentage points larger than a year earlier.

Samsung was followed by Apple Inc. with 22 percent and LG Electronics Inc. with 10 percent in the first quarter.

Apple and LG’s market share declined 9 percentage points and 1 percentage point quarter-on-quarter, respectively.

Source: Yonhap News Agency

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