Monday, July 8, 2013

Korea's dominance in the Android and LTE markets

Today I ran across a release by Strategy Analytics reporting on the global share of profits from the sale of Android smartphones.   Before reading this information, I was aware of Samsung's dominance, but did not quite realize the extent of it.  During the first quarter of 2013, Samsung Electronics captured 95 percent of global Android smartphone profits, far outdistancing LG which garnered 2.5 percent of profits. (click on the accompanying graphic to see a full size version.
According to The Korea Herald, based on data from the same firm Strategy Analytics, global sales of smartphones running on the so-called "long term evolution" LTE network are expected to triple this year from a year earlier.

According to The Korea Herald  "Last year, a total of 92 million LTE smartphones were sold, garnering a 13.1 percent share in the global smartphone market, the data showed. Given that LTE services are currently only available in S. Korea, Japan and part of the North American region, the growth of smartphones running on the LTE network is spectacular, market watchers said. South Korea's three major handset makers -- Samsung Electronics Co., LG Electronics Inc. and Pantech Co. -- grabbed more than a 30 percent share of the global long-term evolution (LTE) phone market in the first quarter, earlier data showed."

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