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The segment was led by Amperex Technology (ATL) with a market share of 42%. LG Chem was the second-largest smartphone battery manufacturer with a 26% share, and the remaining 17% market share was covered by other, smaller manufacturers.
According to a recent Strategy Analytics report, the smartphone battery cell market was driven by seasonal smartphone launches in the second half of the year, especially as smartphone manufacturers began adopting high-density and dual-cell batteries at a higher rate. This, however, appears to have benefitted ATL the most.
2021 is considered the year of 5G, as more smartphone manufacturers — including Samsung — will continue offering an increasingly-wide range of 5G-capable handsets at different price points.
And since 5G puts a greater strain on smartphone batteries, market watchers expect demand for high-density cells to rise even further throughout 2021.
Samsung SDI's ambitions go beyond the smartphone market though. The company is now eyeing the EV (electric vehicle) market and it reportedly wants to build new EV battery production lines in Hungary by making a ~$1 billion investment.
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.
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