Since the barbarism with Indian soldiers on the border of India and China, Indians have been angry about China and Chinese goods. Now its price is falling to China. According to a new report by Counterpoint, Samsung has got the crown of leader in the smartphone market from Xiaomi. Samsung has come at number one position in the smartphone market.
Advantage of China Sentiment?
Let us know that only after the June clash, people got angry against China and the anti China sentiment is getting stronger in the whole country. Other brands including Samsung, which are not Chinese, are benefiting from this.
Samsung also left behind the global Huawei
According to the report, Samsung has now surpassed Chinese brand Huawei in the global smartphone market as well. According to data for August 2020, Samsung’s global market share reached 22 percent. By April 2020, Samsung had a market share of 20 percent. This change has taken place in the last six months. If you talk about this, then in August 2020, its market share decreased to 16%. Its market share was 21 percent in April 2020.
Big loss to apple
Apple on Tuesday launched its first 5G iPhone. The company’s shares fell as much as 4% on the US stock market just before the event. This reduced the company’s valuation by $ 81 billion (Rs 5.94 lakh crore). However, the stock recovered lightly until the market closed.