Samsung showed excellent results in April 2022. This month, the company managed to break the record for the highest market share in the last 5 years.

According to a report by Counterpoint Research, the South Korean tech giant managed to achieve 9 percent annual sales growth, despite global smartphone sales falling 8 percent year-on-year. During this time, the brand has managed to capture almost a quarter of the global smartphone market. This is the month’s highest market share for the company since April 2017. It is noteworthy that the growth in April 2022 also helped the brand to lead the global smartphone market in the third month of this year.

Interestingly, we previously reported that Samsung also achieved a record market share in the first quarter of 2022. This record has also become one of the highest market shares in the last 5 years. Research Director Tarun Pathak said, “Samsung captured almost a quarter of the global smartphone market in April 2022, reaching the highest share in a month in five years. This was due to the high performance of the S22 series in the premium segment and the A series in the mid segment.”

Entering the second half of this year, Samsung is expected to maintain its position in the smartphone market in the second quarter of 2022. The company is already a leader in the advanced smartphone segment and still has a strong position in the global smartphone market in general. So stay in touch until it’s unclear how the smartphone market will evolve in the coming months. Source