Samsung Announces Galaxy 5G Smartphones Sales

Written by Danny Abramov

et|icon_calendar|

January 3, 2020

et|icon_grid-3×3|

Samsung Electronics provided statistics Friday regarding the sale numbers of the Company’s 5G smartphone devices. According to the giant electronics manufacturer it has sold more than 6.7 million Galaxy 5G smartphones globally. As of November 2019, Samsung accounted for 53.9% of the global 5G smartphone market with several devices including the Galaxy S10 5G, Note10 5G and Note10+ 5G, as well as the recently launched Galaxy A90 5G and Galaxy Fold 5G. The Galaxy Tab S6 5G, which is scheduled to be available in Korea in the first quarter of 2020, will be the world’s first 5G tablet.

“Consumers can’t wait to experience 5G and we are proud to offer a diverse portfolio of devices that deliver the best 5G experience possible,” said TM Roh, President and Head of Research and Development at IT & Mobile Communications Division, Samsung Electronics. “For Samsung, 2020 will be the year of Galaxy 5G and we are excited to bring 5G to even more device categories and introduce people to mobile experiences they never thought possible.”

Samsung claims that it has worked to bring 5G from the lab to real life for nearly a decade, working closely with carrier partners, regulatory groups and government agencies. Over the past year, in addition to launching a robust 5G device portfolio, the company reached several historical milestones including providing network equipment for the world’s first 5G commercial service in Korea as well as working closely with global carrier partners to expand 5G networks and introduce 5G experiences and use cases.

“5G smartphones contributed to 1% of global smartphone sales in 2019. However, 2020 will be the breakout year, with 5G smartphones poised to grow4 1,687% with contribution rising to 18% of the total global smartphone sales volumes, said, Neil Shah, VP of Research at Counterpoint Research. Further, Mr. Shah, adds, “Samsung has been one of the leading players catalyzing the 5G market development in 2019 with end-to-end 5G offerings from 3GPP standards contribution, semiconductors, mobile devices to networking equipment. With tremendous 5G growth opportunities on the horizon, Samsung, over the next decade, is in a great position to capitalize by further investing and building on the early lead and momentum.”

Related Articles

IBM Reports 2019 Fourth-Quarter and Full-Year Financial Results

IBM Reports 2019 Fourth-Quarter and Full-Year Financial Results

Today IBM (NYSE:IBM) announced its fourth-quarter and full-year 2019 financial results. International Business Machines reported surprise growth in quarterly revenues and higher than expected earnings as well as revenues, driven by accelerated...

Netflix Opens Paris Office and Announces New Local Content

Netflix Opens Paris Office and Announces New Local Content

Netflix, Inc. (NASDAQ: NFLX) announced Friday the celebration of the opening of its new Paris office in the heart of the 9th arrondissement. The Company emphasizes its commitment to France’s creative community, as over 20 French productions in...

Comments

Leave a Reply

avatar
  Subscribe  
Notify of
Shares
Share This