The coronavirus pandemic has pretty much sunk under the boiler for almost all major manufacturers, and the same is true of South Korean Samsung, which understandably and inevitably saw a significant drop in the number of units delivered. The entire smartphone market thus fell by more than 20%, and many analysts and investors were slowly beginning to fear that this would shake the position of the South Korean giant. Fortunately, this did not happen, and although Samsung's sales fell by 27.1%, the most in a very long time, the company still maintained its position as the market leader and defended its dominance. In total, Samsung lost approximately 54.7 million units and, according to analysts from Gartner, secured an 18.6% market share.
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Nevertheless, according to the company's analysts, it is Huawei that is closely following Samsung, whose market share has increased several times in recent years and is approaching the 18.4% mark. The company sold over 54.2 million units in the second quarter and is significantly catching up with the South Korean manufacturer. In addition, the company saw only a 6.8% decline year-over-year, which is significantly lower than most investors expected compared to Samsung. You improved the most Apple, in which case there was a mere 0.4% drop and otherwise the company can enjoy more than 38 million units sold. Famously, however, Chinese brands like Xiaomi and Oppo, which are still holding on and have almost a monopoly in the East, but in the West their market share is quickly being eaten away by other manufacturers. We'll see how Samsung does in the next quarter.
