Samsung was not just the world’s greatest cell phone brand in August 2020, yet it likewise figured out how to enlarge the hole with its nearest rival. As per the most recent numbers from market examination firm Counterpoint Research, Samsung expanded its piece of the pie in India and the US.
The South Korean firm beat the cell phone market in the long stretch of August 2020 with an offer was 22%. Huawei kept up its second situation with a piece of the overall industry of 16%. In April, the Chinese cell phone monster had overwhelmed Samsung, however the South Korean firm figured out how to win back the primary situation in May.
Apple came in third with a piece of the overall industry of 12%, while the Chinese brand Xiaomi was in the fourth situation with a piece of the overall industry of 11% in August. Samsung’s piece of the overall industry developed in India because of the developing enemy of China assessment following a conflict between the two nations at the fringe.
US sanctions against Huawei will help Samsung and other cell phone brands, particularly in business sectors like Europe where Huawei had a decent presence. Samsung will rival brands like OnePlus, OPPO, Realme, Vivo, and Xiaomi in the moderate and mid-extend fragments in Europe.
Kang Min-Soo, an expert at Counterpoint Research, stated, “For Samsung, it will be a decent chance to raise its cell phone piece of the pie, particularly in Europe, where the organization has been contending wildly with Huawei in different value groups.”