It is no secret that Samsung smartphones are selling well in the South Korean market. Now, a new report shows that the successful performance of the Galaxy Z Flip 3 has increased Samsung’s share in the South Korean market to a historic figure.
With LG’s exit from the mobile market, the conditions for Samsung to take over South Korea have become easier and the company’s market share has reached a maximum. Research Company Report «CounterpointFrom the third quarter of 2021, it shows that Samsung’s market share in South Korea has reached 85%.
Apple is in second place with a significant difference and holds only 12% of the market share. The Cupertinos have actually lost 1% of their market share over the same period last year. The company’s clamshell phones, especially the Galaxy Z Flip 3, have played an important role in setting a historical record for the company’s market share. Counterpoint says that the Galaxy Z Flip 3 is Samsung’s best-selling mobile phone in Korea in the third quarter of 2021, ranking second to the Galaxy A32.
The Galaxy Z Fold 3 ranks fourth as Samsung’s other flagship clamshell. The company will now try to bring its strong conditions to the new year and maintain its market share in 2022. The Korean tech giant is likely to pursue this goal by introducing new products.
Samsung has always held over 60% of Korea’s mobile market, even during LG’s presence. But with the brand leaving the smartphone market, their market share was completely transferred to Samsung. Now, a noteworthy point in this report is the Koreans’ attention to the foldable design mobile phone, which could indicate Samsung’s proper investment in this market.