Samsung performs well in North American market, thanks to new Galaxy S10
Amy Wilson, May 13, 2019, 9:36 a.m.
Samsung performed well in the North American market in the first quarter of this year thanks to its latest Galaxy S10 smartphone series.
According to analysts Canalys on Sunday, Samsung sold 10.7 million Smartphones in the first quarter in North America, up three percent from a year ago. Its market share rose by six percent to 29.3 percent.
On the other hand, Apple's sales in the first quarter dropped significantly. Canalys said Apple sold 14.6 million iPhones over the period, down 3.3 million from a year ago.
The gap in market share between the two giant companies narrowed from 17.1 percent to 10.7 percent. Apple struggled with the latest iPhone XS series, launched in the second half of last year with a very high price tag.
LG's sales in the first quarter of this year, meanwhile, were 4.8 million handsets, down 25 percent from a year ago.
Industry insiders say doing well in advanced market such as North America certainly helps boost profitability.