Samsung capitalizes on Huawei's falloff in Gulf region, maintains Q3 lead

Business

Getting your Trinity Audio player ready...

Samsung's market influence is increasing and the company had registered positive Q3 results in numerous regions this year. Samsung is the most prolific smartphone brand in many markets, one of which is the Gulf Cooperation Council (GCC) region.

According to a new report by The Korea Herald citing industry watcher IDC, Samsung was the leading smartphone brand in the GCC region in Q3 2020. The company's success in this market throughout the third quarter of the year is attributed to entry-level and mid-range solutions. They have helped the company maintain the lead in the region, however, Samsung also greatly benefited from Huawei's falloff.

Samsung grasps nearly half of the GCC smartphone market

Samsung had a market share of 45% in the GCC region at the end of the July-September period, representing a 5% year-on-year increase. In contrast, Huawei lost a lot of market influence and Samsung was able to capitalize on its rival's falloff by recapturing its share.

Samsung was followed by Apple with only 15% market share in the GCC region. Apple had lost 3% market share over the past 12 months. The third and fourth places were occupied by Huawei and Xiaomi who have recorded a market share of 13% and 12%, respectively.

Although the GCC smartphone segment declined by 0.9% quarter-on-quarter, IDC expects the market to recover in Q4 2020 and projects a 6.5% increase over Q3.

Mihai Matei - Senior Editor

[email protected]

First Samsung device: SGH-A800

Mihai is a blogger and column writer at SamMobile. His first Samsung phone was an A800 which took a lot of beating, and a part of him still misses the novelty of the clamshell design. In his free time, he enjoys watching shows, documentaries, and stand-up comedy; listening to music, taking walks, and occasionally playing old(er) video games.

Business General Phone Huawei

Samsung capitalizes on Huawei's falloff in Gulf region, maintains Q3 lead

Samsung grasps nearly half of the GCC smartphone market

Mihai Matei - Senior Editor

[email protected]

First Samsung device: SGH-A800

You might also like

There's a reason your Galaxy phone battery capacity isn't bigger

Samsung may have hired Huawei veteran to lead Exynos 2600 GPU development

Samsung's smartwatch sales grow 74%, but it still ranks fourth

Samsung loses first-to-market foldable laptop race to Huawei