Counterpoint Analysis, a well known analytical agency has launched a report on South Korea Smartphone Market fo Q2 2020. In line with it, Samsung led the market, adopted by Apple and LG at second and third positions respectively.
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The analysis agency is but to publish the report on its web site but it surely has despatched it out to media homes in South Korea. As per the report, Samsung retained the highest place with a 67% market share. The corporate improved by 3% QoQ.
The second place was acquired by Apple with a 19% market share. The American tech big grew a mere 1% QoQ. Whereas, LG continued to stay in the third place with a 13% market share. Additionally, in contrast to the highest two corporations, it declined 3% QoQ.
Samsung led the South Korea Smartphone Market because of the sturdy gross sales of Galaxy A collection and Galaxy S20 collection. The truth is, 5 of the highest 10 bestsellers have been Galaxy A collection of units. Nevertheless, Apple iPhone SE 2020 was the best-selling smartphone in the entire of Q2 2020 in the nation.
Since many of the bestsellers have been Galaxy A collection of smartphones, the gross sales of handsets priced under $400 represented 45% of all the gross sales. It elevated by 33% YoY as identical to the US, South Korea had all the time been a flagship machine market. However the pandemic modified this market as Counterpoint Analysis reported in Might.
Final however not least, although the South Korea Smartphone Market incremented by 9% QoQ in Q2 2020, it declined by 8% YoY.
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