Samsung’s smartphone market share reached a record high number in South Korea in Q3 2021, reports Counterpoint Research (via The Elec). The company’s growth comes from the popularity of foldables and the exit of LG.

According to the report, Samsung’s market share in its home country stood at a whopping 85% in the third quarter of 2021. It was followed by its archnemesis Apple with a 12% market share. The Cupertino-based tech giant’s shipments were low in Q3 as the iPhone 13 series made its debut in South Korea only in October. 

Hence, without LG to compete, nine of the top 10 best-selling handsets were made by Samsung. The only odd one out was iPhone 12 at the ninth position.

The best-selling smartphone during this period was none other than the Galaxy Z Flip3, followed by the vanilla Galaxy S21 in second place. Whereas, the Galaxy Z Fold3 came fourth. The foldable duo alone accounted for nearly a million units in sales.

Top 10 Best Selling Smartphones South Korea Q3 2021

1. Galaxy Z Flip3
2. Galaxy S21
3. Galaxy A32
4. Galaxy Z Fold3
5. Galaxy S21 Ultra
6. Galaxy A42 5G
7. Galaxy A12
8. Galaxy S21+
9. iPhone 12
10. Galaxy Quantum2

Counterpoint estimates that the South Korean smartphone market will continue growing in Q4 2021 due to the strong demand for Samsung’s foldables and the launch of the iPhone 13 series. However, the growth rate will not be large as a result of the semiconductor shortage and weaker flagship offerings compared to last year.

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The post Samsung’s smartphone market share hit a record high in Korea in Q3 2021 appeared first on Gizmochina.

Counterpoint Research, a well-known analytical firm has released a report on South Korea Smartphone Market for Q2 2020. According to it, Samsung led the market, followed by Apple and LG at second and third positions respectively.

The research firm is yet to publish the report on its website but it has sent it out to media houses in South Korea. As per the report, Samsung retained the top position with a 67% market share. The company improved by 3% QoQ.

The second place was acquired by Apple with a 19% market share. The American tech giant grew a mere 1% QoQ. Whereas, LG continued to remain in the third position with a 13% market share. Also, unlike the top two companies, it declined 3% QoQ.

Samsung led the South Korea Smartphone Market due to the strong sales of Galaxy A series and Galaxy S20 series. In fact, 5 of the top 10 bestsellers were Galaxy A series devices. However, Apple iPhone SE 2020 was the best-selling smartphone in the whole of Q2 2020 in the country.

Since most of the bestsellers were Galaxy A series of smartphones, the sales of handsets priced below $400 represented 45% of the entire sales. It increased by 33% YoY because like the US, South Korea had always been a flagship device market. But the pandemic changed this market as Counterpoint Research reported in May.

Last but not least, though the South Korea Smartphone Market incremented by 9% QoQ in Q2 2020, it declined by 8% YoY.

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