Giant South Korean electronics world, Samsung Electronics Co. decreased sales of mobile phones and television products. Exposure to the performance of the company, on Sunday (23/11) showed in the third quarter, the market share of the two products down from the previous quarter. In this quarter, the market share fell to 23.9 percent.
Based on the findings of figures from Strategy Analytics, a research and consulting institute world, Samsung's market share declined even more sharply. Samsung's market share fell by three per cent, from 26.8 per cent, when compared to the same period last year.
This decrease mainly occurred in the territory of China. The presence of Xiaomi, Huawei, and Lenovo apparently able to shift the dominance of Samsung in the bamboo curtain.
In a conference call with investors earlier this month, Samsung said it plans to reduce mobile phone models in the future. It is intended to cut the cost of production for the sake of re-boost corporate profits.
In the electronics market share, market share decreased from TV Samsung 24 percent in January-June to 23.9 percent in the third quarter. Nevertheless these figures remain higher than the overall market share last year only 21.6 percent.
"This marks the company's readiness to meet the challenges of the manufacturers from China," said a spokesman for Samsung, as quoted from page koreaherald.com.
Based on the findings of figures from Strategy Analytics, a research and consulting institute world, Samsung's market share declined even more sharply. Samsung's market share fell by three per cent, from 26.8 per cent, when compared to the same period last year.
This decrease mainly occurred in the territory of China. The presence of Xiaomi, Huawei, and Lenovo apparently able to shift the dominance of Samsung in the bamboo curtain.
In a conference call with investors earlier this month, Samsung said it plans to reduce mobile phone models in the future. It is intended to cut the cost of production for the sake of re-boost corporate profits.
In the electronics market share, market share decreased from TV Samsung 24 percent in January-June to 23.9 percent in the third quarter. Nevertheless these figures remain higher than the overall market share last year only 21.6 percent.
"This marks the company's readiness to meet the challenges of the manufacturers from China," said a spokesman for Samsung, as quoted from page koreaherald.com.
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