October 30, 2024

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Samsung Electronics was the third-largest vendor of wearable devices in the third quarter of the year, a market report showed Dec. 11, amid soaring global demand for wearables.

The South Korean tech giant shipped 8.3 million units of wearable devices in the July-September period, more than doubling from a year earlier, according to the latest report from market tracker International Data Corp.
 

It emerged as the No. 3 player in the global wearables market with a 9.8 percent share in the third quarter, up one notch from a year earlier when the company had a 7.4 percent share, IDC data showed.

“To date, the company has been able to successfully bundle its smartwatches and Galaxy buds with its smartphones and this strategy has paid off as many carriers around the world helped promote Samsung‘s lineup,” IDC said in a release.

Apple solidified its top position in the third quarter with a 35 percent share after shipping 29.5 million units of wearable devices, including the Apple Watch, AirPods and Beats headphones. The American tech behemoth’s market share was 23 percent in the third quarter of 2018.

China’s Xiaomi was the runner-up with 12.4 million units of wearables shipments although its market share declined to 14.6 percent from 17.1 percent a year earlier, IDC data showed.

Its Chinese compatriot Huawei Technologies posted the sharpest growth after its wearable device shipments more than tripled from a year earlier to reach 7.1 million units in the third quarter, which was enough to take the No. 4 position in the market with an 8.4 percent share.

By Ram Garikipati and newswires (ram@heraldcorp.com)