Business
Samsung continues to be leading Android tablet vendor in Q3 2021
According to the latest Canalys report, the global PC exports (including tablets) have dropped by 2% annually to 122.1 million units. Both tablets and Chromebooks were down after a series of consecutive growth scenarios. Tablet exports have dropped by 15% annually to 37.7 million units, as the need for tablets to support consumer and education cases is reduced in many regions.
The Chromebooks have fallen sharply, with shipping falling by 37%, due to lower education costs in the US. Total shipping for Chromebook reached 5.8 million units in Q3. While the overall tablet market has declined in Q3, many retailers are still sending volumes above pre-epidemic levels.
With 15.2 million iPads shipped, Apple has kept the lead in the rankings, with lower annual performance. Where, Samsung came in second with a 20% drop, sending 7.2 million units in the third quarter. Lenovo, which has retained its momentum, has been the only seller in the top five to see small growth, with 4.2 million units shipped, up 2% year-on-year.
Amazon and Huawei have made the top five, with the biggest fall by 45% and 51% respectively. The Chromebook market suffered a sharp decline, with a 37% decline in annual sales (52% quarterly) in Q3. In the overall PC market (including desktops, notebooks, and tablets), Lenovo retained its lead with an increase in market share by more than 1% as it reached 24.4 million units deployed.
Apple remained in second place with an estimated 5% growth in total shipping of 23 million units. HP felt the impact of supply constraints, with a 6% decrease in annual shipments. In fourth place, Dell saw a dramatic 27% increase in exports and a nearly 3% increase in market share. Samsung completed the top five, as happened in Q2 2021.
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Samsung today announced provisional sales and profit results for the second quarter. Samsung formally announced the provisional/predicted sales and operating profit, suggesting a massive profit boom in Q2, 2024 given the AI memory semiconductor rise.
In Q2, 2024, Samsung sales provisionally increased by 2.89% and operating profit by 57.34% compared to the previous quarter thanks to AI boom. Besides, the sales climbed by 23.31% and operating profit by 1,452.24% compared to the same period last year.
The company expects sales of 74 trillion won and operating profit of 10.4 trillion won on a consolidated basis. While these results are not final, there won’t be much change in the final result when it comes out. Samsung had a pretty profitable period in the second quarter.
Samsung in Q2
- Consolidated Sales: Approximately 74 trillion Korean won
- Consolidated Operating Profit: Approximately 10.4 trillion Korean won
The Korean tech giant is currently facing yield issues in its second-generation 3nm process. The flagship Exynos processor is unlikely to be commercialized this year. It would lead the Mobile business to face additional burdens due to rising prices of Snapdragon chipsets.
Meanwhile, Samsung is focussing on HBM (high bandwidth memory) semiconductors. HBM is a key player in artificial intelligence servers and data centers. The booming AI market will directly benefit Samsung’s semiconductor business.
Samsung ranked first in market share in the global smartphone market in Q3, 2023. TrendForce report says that Samsung led the global Q3 smartphone market, recording a market share of 19.5%.
Overall production in the third quarter increased by 11.5% compared to the previous quarter to 60.1 million units. During the same period, Apple’s production increased by 17.9% to 49.5 million, thanks to iPhone 15.
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Third place was taken by Xiaomi (13.9%), followed by Oppo (12.6%) and Transion (8.6%). 6th place is Vivo (8%). Meanwhile, global smartphone production reached 308 million units, a 13% increase compared to the previous quarter and a 6.4% increase from the previous year.
Huawei’s re-entry into the flagship smartphone market targeting Apple has had a significant impact in China. Huawei is aiming to expand its high-end flagship series, focusing on the Chinese domestic market next year, so Apple “We plan to attack directly”.
// Source
In Q3 2023, Samsung and Apple’s market share slightly declined, while an underdog Chinese phone brand appeared on the top 5 chart. In a recent development, Canalys published market research data for the third quarter, revealing Tanssion as the fifth best-seller globally.
According to the info, Samsung and Apple lead total sales with 20% and 17% market share, yet both have fallen from their 22% and 18% levels in 2022. However, Tanssion, the maker of Tecno, Itel, and Infinix phones, climbed from 6% global market share last year to 9% in 2023, a 50% jump.
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Apart from this, Xiaomi matched last year’s share only by “recovering” from a terrible first half of 2023. At the same time, OPPO has fallen steadily over the past two years, while fellow BBK brand vivo lost the top-5 slot it’s owned for years.
Overall, the global smartphone market underwent a slight drop of 1% in Q3 2023. Bolstered by regional recoveries and new product upgrade demand, the smartphone market recorded a double-digit sequential growth in Q3, ahead of the sales seasons.