Agency. Market competition between smartphone companies Samsung and Saomi has increased over the years. Three years ago, Saomi overtook Samsung to become India’s number one smartphone brand. Recently, Chinese smartphone company Saomi has become the world’s largest smartphone maker for the first time, surpassing Samsung globally.
According to the latest figures from Counterpoint Research, in June 2021, Samsung dropped to second place in the list of the world’s leading smartphones.
Shares of Samsung fell 15.7 percent. Shares of Saomi rose 17.1 percent to first place last June.
Apple’s shares have also declined. The company has only a 14.3 percent share of the global smartphone market, according to Sammobile.
Saomi’s product sales have grown 26 percent month-on-month since May. Saomi was launched in 2011. Over the years, Saomi’s CEO has repeatedly mentioned that he dreams of becoming the world’s largest smartphone brand, overtaking Samsung. Now the company says it has fulfilled that dream.
According to Tarun Pathak, director of research at Counterpoint Research, global markets fell sharply after the United States banned Chinese smartphone company Huawei. At the same time, Saomi was constantly trying to rise in the world market.
Breaking Apple’s years of dominance a few years ago, Samsung was consistently ranked number one. But recently, a new wave of Covid in Vietnam has affected Samsung’s smartphone production. Samsung is expected to re-enter the market by resolving supply issues in the next quarter, according to Sammobile.