Company> Technology Who Moved Samsung and Apples cheese? Millet has become the worlds third Although Samsung and Apple is still the dominant global smartphone market, but their Chinese rivals are sparing no effort in the snatch global market share. Millet Ultra Samsung smart phone shipments into Chinas largest supplier (Source: Reuters) The founder and CEO Lei Jun millet millet 4 release ceremony in Beijing July 22, 2014. The latest data on Thursday multiple market research agency released by Chinese manufacturers continue to impact low-cost handsets, Samsung and Apple in the global smartphone market share shrink in the third quarter to accelerate their industry leadership continued to weaken. Shipments to the standard worlds largest smartphone manufacturer, Samsungs market share, during the July to September, falling from 35% to 24.7%. According to Strategy Analytics report data provider, which is the biggest decline since 2011 in the third quarter, Samsung has become the industry leader since. Rising star - Chinese mobile phone manufacturers Millets market share rose from 2.1 percent to 5.6 percent, becoming the third-largest smartphone maker, its global handset shipments tripled. Apple to keep the second position. Because of its new equipment subject to capacity constraints, while shipments of its newest product is affected, its market share dropped from 13.4 percent to 12.3 percent. Similar market share data from IDC and Counterpoint Research results released Thursday with the above results. These latest data are released on Thursday its net profit after Samsung released the data. Due to competition from Chinese smartphone production on the Korean tech giants mobile business hard hit because of lower prices, profit margins of Samsung mobile business decreased to 7%. In the third quarter, Samsungs net profit plunged 49 percent to $ 4 billion. Kim Hyun-joon, senior vice president of Samsung Mobile, said: We are focused on a sustainable profit margin above 10%. In order not to let the Chinese manufacturers and then move Samsungs cheese, Samsung executives said that next year they will be more trying to make their equipment is different from competitors, including the introduction of more flexible screen and a metal frame. Strategy Analytics analyst Linda Sui expects third-quarter profit of the worlds fourth millet, followed by Apple, Samsung and LG Electronics. Millet its marketing savvy is known, low-cost online distribution channel preferences, rather than brick by brick to build the ship channel. This millet profit a great help. In order to expand its overseas business, millet last year hired former Google Android business director Hugo Barra. Its business has been extended to Taiwan, Hong Kong, Singapore, Malaysia and India. According to market research firm Canalys report, the second quarter of this year, millet has surpassed Samsung to become Chinas largest smartphone maker, while China is the worlds largest smartphone market. In support of its overseas expansion, millet from 29 banks to obtain a loan. However, insiders pointed out that, although millet is very famous in the local market, but its popularity abroad is still very low. How to make it in these markets consumers are familiar with the names of millet will be a major challenge for the future. Anyway, Apple and Samsung have to accept the fact that millet has been eyeing the global smartphone market this big cheese.
Posted on: Sun, 09 Nov 2014 20:41:28 +0000
Trending Topics
Recently Viewed Topics
© 2015