HTC’s financials reveal another steep revenue drop in 2019
Revenue is barely 1/6 of 2017 figure
Manufacturers
January 7, 2020
Vendor in pole position to capitalise on 5G boom
Samsung has announced that it shipped more than 6.7 million Galaxy 5G smartphones globally in 2019. According to Counterpoint Research, it held 53.9 per cent of the global 5G smartphone market share in November 2019, led by its offering five distinct 5G-capable smartphones.
The announcement comes ahead of the vendor launching its Galaxy Tab S6 5G tablet in Korea in Q1 2020, the world’s first 5G tablet.
“Consumers can’t wait to experience 5G and we are proud to offer a diverse portfolio of devices that deliver the best 5G experience possible,” said Samsung Electronics IT & Mobile Communications Division president and head of research and development TM Roh. “For Samsung, 2020 will be the year of Galaxy 5G and we are excited to bring 5G to even more device categories and introduce people to mobile experiences they never thought possible.”
Counterpoint research vice president Neil Shah added: “5G smartphones contributed to one per cent of global smartphone sales in 2019. However, 2020 will be the breakout year, with 5G smartphones poised to grow 1,687 per cent with contribution rising to 18 per cent of the total global smartphone sales volumes.
“Samsung has been one of the leading players catalysing the 5G market development in 2019 with end-to-end 5G offerings from 3GPP standards contribution, semiconductors, mobile devices to networking equipment. With tremendous 5G growth opportunities on the horizon, Samsung, over the next decade, is in a great position to capitalize by further investing and building on the early lead and momentum.”