Samsung to recapture the top spot in global smartphone production in Q1 2021
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Seoul: Samsung Electronics is expected to recapture the top spot in global smartphone production in the first quarter of the year, a report said on Tuesday.
The South Korean tech giant is estimated to produce 62 million smartphones in the January-March period and account for 18.1 per cent of global smartphone production, according to market researcher TrendForce.
Apple is expected to drop to the second spot with 54 million units, or a market share of 15.8 per cent, in the first three months of 2021, according to the report.
Apple was the leading smartphone maker in the fourth quarter of 2020 after it rolled out 77.6 million units of iPhones, beating Samsung's production of 67 million units.
Xiaomi is projected to become the third-largest smartphone producer in the first quarter of 2021, with a share of 15.2 per cent.
OPPO, which includes OnePlus and Realme devices, is expected to become the top fourth-largest player with a share of 15.1 percent, according to the report by TrendForce followed by Huawei Technologies Co. with 7.7 percent.
Global smartphone production is likely to reach 342 million units in the first quarter of 2021, up 25 percent from a year ago, and a quarter-on-quarter decline of 6 percent, TrendForce report added.
The main focus of Samsung's sales efforts will still be on the Galaxy A series that encompasses models across the high-end, mid-range and low-end segments of the price spectrum, the report said.