High-end devices accounted for 29% of Samsung's smartphone sales in Q1 2017

Josh L.

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Business

It's been revealed that high-end smartphones accounted for 29 percent of Samsung's combined handset sales in the first quarter of 2017; marking the first time the figure has dropped below 30 percent.

As noted by The Investor, the portion of top-of-the-range devices once reached 75 percent during the second quarter of 2013, when the Galaxy S4 hit the shelves. It gradually declined afterwards, however.

With the release of the much-anticipated Galaxy S8 and Galaxy S8 Plus right around the corner, it's more than likely the figure will creep back up during the second and third quarter of this year.

Josh L.

Source Business sales