City
Epaper

Samsung slips to 2nd spot in European smartphone market in Q2

By IANS | Updated: August 4, 2021 09:50 IST

Seoul, Aug 4 Samsung Electronics dropped to second place in the European smartphone market in the second quarter, ...

Open in App

Seoul, Aug 4 Samsung Electronics dropped to second place in the European smartphone market in the second quarter, a report showed on Wednesday, as Xiaomi rose to the top spot.

Samsung made up a market share of 24 percent in the April-June period after shipping 12 million smartphones to Europe, down 7 percent from a year earlier, according to a report from market researcher Strategy Analytics.

The South Korean tech giant was the only player among the top five smartphone suppliers in Europe to see an on-year decline in shipments.

"Samsung is performing well with new 5G models from the Galaxy A series, but it faces increasing competition from Apple in the high-end and the Chinese vendors in the low-end, and it failed to take advantage of Huawei's demise in Europe," said Neil Mawston, an executive director at Strategy Analytics.

Xiaomi overtook Samsung last quarter to become the leading smartphone vendor in Europe for the first time, reports Yonhap news agency.

The company shipped 12.7 million smartphones, up 67.1 percent from a year ago, to capture a market share of 25.3 percent.

"Xiaomi has seen great success in Russia, Ukraine, Spain and Italy among others, and found customers eager for its Mi and Redmi series of feature rich, value smartphones," said Boris Metodiev, an associate director at Strategy Analytics.

Apple Inc. took the third spot with a market share of 19.2 percent after its iPhone shipments jumped 15.7 percent on-year to 9.6 million units.

Chinese brands Oppo came in fourth and fifth, respectively. Oppo had a 5.6 percent market share, while Realme posted a 1.9 percent share in the second quarter.

The European smartphone market grew 14 percent on-year to 50 million units in the second quarter.

"The smartphone market rebound was driven by the continued economic recovery, healthy demand from consumers with aging devices and appealing value priced 5G devices," the report said.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Neil mawstonBoris metodievseoulsamsungRussiaSamsung ElectronicsSamsung electronics co.Samsung electronics co ltdWorldwide mobile device trackersConsumer electronics enterprise businessXiaomi groupSamsung displays
Open in App

Related Stories

MaharashtraMaharashtra-Russia to Jointly Develop Thorium Reactors

NationalVladimir Putin Accepts PM Modi’s Invitation To Visit India Preparations Underway, Says Russian FM Sergey Lavrov

TechnologyHan Jong-hee Passes Away at 63: Samsung Electronics Vice Chairman Dies of Heart Attack

Social ViralVrindavan Monkey Exchanges Samsung Phone for Mango Drink, Hilarious Video Goes Viral (Watch Video)

InternationalRussia-Ukraine War: 60 Ukrainian Drones Shot Down Over Moscow in Largest Drone Attack

Technology Realted Stories

TechnologyPSA launches landmark report on evaluation of public funded R&D institutions

TechnologyIndia on track to become Viksit Bharat under PM Modi's leadership: Academicians

TechnologyPralhad Joshi launches Green Hydrogen Certification scheme

TechnologyIndia Post joins SBI Mutual Fund to simplify on-boarding of MF investors

TechnologyIndian astrophysicists unravel Sun’s subsurface weather linked to 11-year activity cycle