November 21, 2024

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[THE INVESTOR] Samsung Electronics took up 22 percent of the world’s market for premium smartphones in the third quarter of 2018, data showed on Dec. 31, with China’s Huawei Technologies taking up more than 10 percent for the first time.

According to industry tracker Counterpoint Research, Huawei’s market share stood at 12 percent for smartphones with a price tag of US$400 and above in the July-September period. US giant Apple topped the list at 47 percent.

Other Chinese firms followed, with Vivo and Oppo each accounting for 5 percent. Xiaomi took up 3 percent over the cited period.

In the US$400 to US$600 price range, Samsung led the market with a share of 25 percent, while Apple took up 21 percent. Huawei accounted for 17 percent.

From US$600 to US$800, Apple and Samsung posted a share of 61 percent and 21 percent, respectively.

As for smartphones priced US$800 and higher, Apple accounted for 79 percent of all sales, Counterpoint data showed.

By Song Seung-hyun and newswires (ssh@heraldcorp.com)