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Samsung market share increased in China despite strong competition from local manufacturers

China is that the world’s largest smartphone market nowadays, and things there work a lot otherwise than in different markets. numerous local makers in China offer customers low-priced, high worth devices, that makes it difficult for international makers to sell too several smartphones within the country, a minimum of not the maximum amount as they’re able to in different countries. but for Samsung, that doesn’t appear to be proving to be much of a haul, because it looks to create its mark within the Chinese market.

Samsung has proclaimed at its Analyst Day event that its market share in China has gone up to 21 percent, from 14 percent in Q3 2012, shipping nearly 19 million smartphones in Q3 this year, going all local and international competition way behind. Lenovo came in second, with 13 percent of the market, so Samsung has quite the lead nowadays, that should instill religion in investors concerning the company’s current performance. That doesn’t mean it’ll be okay for Samsung to take it easy within the future, but for now, things appear pretty rosy for the Korean manufacturer.

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