The report adds that the credit for the growth of Samsung goes to its strong global distribution networks and operator partnerships and new 5G smartphones in Q1 2020. The popular 5G smartphones of the company which helped it include the recently launched
Galaxy S20 5G and the Galaxy S20 ultra 5G.
The report further revealed that the global 5G smartphone shipments surged past 24 million units in Q1 2020 and the demand from China was higher than expected. “Demand for 5G smartphones was strong, particularly in China, despite the emergence of the Covid-19 epidemic. China is the leader in demand for 5G smartphones, but demand is also growing South Korea, the US, and Europe,” added the report.
Woody Oh, Director at Strategy Analytics said, “Huawei is number two. Nearly all of Huawei’s 5G smartphones were shipped in China, where it is the smartphone market leader. The top 5G smartphone from Huawei is the Mate 30, Honor V30 Pro, and Mate 30 Pro.”
Another Chinese smartphone maker Vivo is at number three. Vivo’s IQOO and X30 5G smartphones were popular affordable alternatives in China in the quarter.
Neil Mawston, Executive Director at Strategy Analytics, added, “Chinese smartphone vendors captured 61 percent of top 5 vendor 5G smartphone shipment volumes in Q1 2020, with the majority of those volumes going to the Chinese market. This reflects the speed with which Chinese operators have rolled out 5G networks, as well as the underlying demand for 5G smartphones, despite the Covid-19 pandemic that shut down large parts of China during the Q1 2020 period.”