Recently, Strategy Analytics published the Q1 5G smartphone market result, as per the report, the Korean tech giant Samsung become the world’s largest company in the market of 5G smartphone shipment.
According to the report, Samsung is going ahead with a good hold by fully focusing its attention on the 5G smartphone market. Also, the company has the fastest-growing in the 5G smartphone shipments and it has grown by 79% month-on-month. In the Q1 shipment, the company has sold its 17 million 5G units in the worldwide market which increase the shipment of 79%.
The new 5G device of Samsung has done a great job in the market and the company has a great hold in the market of South Korea, North America and parts of Europe. Now the focus of the company should be on the Q2 market and in this context the company has fully prepared the plan to launch its new 5G device which is expected to be seen between July and August 2021.
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In this list, the name of Chinese brand VIVO is also there, which is continuously increasing in its 5G market and hold the second rank to growing the 5G smartphone manufacturing. VIVO became the second fastest-growing 5G smartphone manufacturer in the quarter, with quarter-on-quarter growth of 62%, with shipments of 19 million units, and its main battlefields for sales are in China and Europe.
“Global 5G smartphone shipments increased by 6% from the previous month, reaching a record 136 million units in Q1 of 2021. Demand for 5G smartphones is still very strong, especially in China, the United States and Western Europe. We It is predicted that global 5G smartphone shipments will reach a record 624 million units in 2021, which is much higher than the 269 million units in 2020.” said by Ken Hyers, Director of Strategy Analytics.