Samsung Steals Top Spot From Apple In Q1 Market Shares
It seems that Samsung has moved on from the infamous Note 7 mishap. According to various reports, the Korean company has already overtaken Apple in sold smartphones for the first quarter of this year.
In a post by Fortune, research data from TrendForce has shown that Samsung has earned a 26.1% market share in Q1 of 2017. Apple came in second with 16.9% followed by Huawei and Oppo with 11.4% and 8.1% respectively.
The data stood in stark contrast to the fourth quarter of 2016. At that time, Apple was at the top of the rankings with a 20.3% market share. Notably, Samsung suffered PR disaster when some Note 7 units exploded due to faulty batteries.
At the same period, Samsung had 18.5% of the pie partly due to the unfortunate event. Today's estimates prove that Samsung is still one of the world's top smartphone vendors.
In a post on ZDNet, the Galaxy J series allegedly fueled Samsung's surge. The company took advantage of the global market for cheap lower-end phones featured in the J series.
The Korean phone manufacturer also has recently launched the Galaxy S8 and S8 Plus. According to reports, pre-orders for the premier handset has already surpassed the Galaxy S7 and S7 Plus presales from last year.
However, TrendForce warned that Samsung still has a long way before fully recovering from the Note 7 debacle. The research firm also stated that Apple would surge their market shares in the second half of the year due to the upcoming iPhone 8.
Reportedly, high-end consumers are already saving their money for the 10th-anniversarry edition iPhone. Other vendors, including Samsung, might see their shipments flatten due to the iPhone 8's release.
Apple is rumored to unveil three versions of the phone, including one that will sport an OLED display. According to market analysts, the Cupertino-based company might lower the production of existing iPhone units in Q2 to prepare for the iPhone 8's launch later this year.