5G phones took 5% of the premium smartphone market in Q3 2019
Even though the global premium smartphone market segment declined 7% year-over-year in Q3 2019, 5G has helped a little with damage control as it contributed 5% of all premium smartphone shipments.
Samsung takes the lead in the 5G segment with 74% share followed by LG with 11% and vivo with 5%. According to the analytics, the early adoption of 5G in China, South Korea and North America helped tremendously.
And as far as the whole market is concerned, Apple is still leading with a little over than half of the total premium sales with Samsung coming in second with 25% and Huawei securing the third place with 12%. To our surprise, OnePlus and LG complete the top 5 with 2% each and the rest of the makers account for 8% in total.
The strong initial demand for iPhone 11 has propelled Apple to the top of the charts and the decision not to discontinue the iPhone XR has had its effect too.
Huawei managed to stay afloat thanks to its home market sales in China as 80% of the premium sales happened there. The Chinese market contribution to Huawei's premium smartphone sales was 73% a year ago and Counterpoint thinks the trend will continue as it's becoming increasingly hard for the company to compete in overseas markets when GMS (Google Mobile Services) are missing.
For other interesting stats, you can check out the source link below.
- 20 Dec 2019
Well there we have it, Apple have 66% of Mobile Market Profits: https://www.gsmarena.com/cr_apple_is_still_the_top_earner_in_the_smartphone_world-news-40663.php Followed by Samsung at a paltry 17%, that goes to show that Apple clearly still ha...
- 09 Dec 2019
I stopped at Note9. Now my Note8 won’t even get Android 10. Moved over to P30 Pro as my Android earlier this year, but my daily driver is my XS Max. Doubt I’ll buy another Android again until the update situation is sorted out.
- 08 Dec 2019
Looking at your comment history, you're one of the constantly returning premium Samsung buyers. So, if someone who hates Samsung as much as you can't stop buying their phones you have to realise how many satisfied buyers they have.