Samsung is undoubtedly enjoying great fame in the field of mobile business, but recently the Korean electronics company has gradually lost some of the market's leading position.According to Strategy Analytics predicts that in the fourth quarter of this year, Samsung's market share in China will fall below 2 %, To 1.6%.
However, Samsung's market share in China reached an astonishing 20% in 2015. However, in the recent past, the rapid rise of China-based smart phone makers headed by Huawei has put a lot of pressure on Samsung. Lee Byung-tae, a professor at KAIST College of Business, believes that other companies, such as Samsung and LG, are facing a tough fight in China.
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The professor admits that Samsung is unlikely to subvert the Chinese smartphone market. The cheap products of Chinese local companies, coupled with the fact that Chinese manufacturers are currently marching into the smart phone market, including India, face these Chinese manufacturers Fierce competition, Samsung and LG's global market share has also been affected.
Coincidentally, earlier this year there have been reports that Apple's iPhone market share in China is also facing a declining situation, but with the advent of the Samsung Galaxy S9 series early next year, Samsung's share in China will usher in warmer.
