Technology moves at a pace that even the worlds experts struggle to keep up with. As soon as one company announces a new development, then another will announce something else. All of this research and development costs the companies a lot of money, and this means that the latest devices from the likes of Samsung and Apple are expensive. So it is no surprise to see Apple, Samsung lose ground to Chinese handset makers in Q1, which are available on the market at much cheaper prices.
According to the report, Samsung reported its first decline in sales since the late 2009. The lower end of the market is where the competition is really intense, and Chinese handset makers have gained traction there. Apple has lost a slice of its market share too, since it continues to be weak in developing markets because of the lack of low-priced offerings to its clientele.
Huawei had a market share of 13.4% during the first quarter of 2014 with an increase of 3.3% compared to the same period in 2013. Lenovo came fourth with a market share of 13.3% with a slight increase of 0.8% compared to Q1 of 2013.
The global mobile phone market also has recorded an increase in its share by at least 9.4% during the Q1 of 2014. Nokia, LG and Samsung were seen losing a part of their share in favor of Huawei, Lenovo and Apple in the global mobile phone market.
So unlike a few years ago when Chinese mobile phones were inferior to the big brands, that is no longer the case. The mobiles may still be somewhat inferior to the latest branded models, but they are good enough for the general population of China.
They all have similar features, but the price is kept down on the Chinese models by using lower quality parts, or those which are now becoming dated. So the Samsung S5 may have the latest quad core, but the top spec Chinese model will have an older quad core. This doesn't really bother the majority of people, though, unless you want to run the latest games at the top quality settings.
According to the report, Samsung reported its first decline in sales since the late 2009. The lower end of the market is where the competition is really intense, and Chinese handset makers have gained traction there. Apple has lost a slice of its market share too, since it continues to be weak in developing markets because of the lack of low-priced offerings to its clientele.
Huawei had a market share of 13.4% during the first quarter of 2014 with an increase of 3.3% compared to the same period in 2013. Lenovo came fourth with a market share of 13.3% with a slight increase of 0.8% compared to Q1 of 2013.
The global mobile phone market also has recorded an increase in its share by at least 9.4% during the Q1 of 2014. Nokia, LG and Samsung were seen losing a part of their share in favor of Huawei, Lenovo and Apple in the global mobile phone market.
So unlike a few years ago when Chinese mobile phones were inferior to the big brands, that is no longer the case. The mobiles may still be somewhat inferior to the latest branded models, but they are good enough for the general population of China.
They all have similar features, but the price is kept down on the Chinese models by using lower quality parts, or those which are now becoming dated. So the Samsung S5 may have the latest quad core, but the top spec Chinese model will have an older quad core. This doesn't really bother the majority of people, though, unless you want to run the latest games at the top quality settings.
About the Author:
WarriorForum.com - Social SEO Pro is a website dedicated to exposing the advantages & disadvantages with an in-depth Video Jeet Review.
No comments:
Post a Comment