Monday, August 19, 2013

Samsung Retakes No. 1 Spot in LTE Phone Market


Samsung Electronics has retaken the No. 1 spot in the global fourth-generation LTE mobile phone market after losing the position to Apple three quarters ago.

According to market researcher Strategy Analytics on Sunday, Samsung sold 27.2 million LTE phones in the second quarter of this year, beating Apple, which sold 13.6 million.

Samsung's global LTE phone market share rose from 25 percent in the first quarter of this year to 47 percent in the second, while Apple's share fell from 41.3 percent to 23.5 percent.

The Korean electronics giant retook the lead thanks to strong sales of its Galaxy S4 smartphone, which surpassed 20 million units just two months after its release in April.

Meanwhile, LG Electronics accounted for four percent of the global LTE mobile phone market to rank fourth after Sony's 6.2 percent. It was the first time that LG lost its third place since it released its first LTE smartphone in the second quarter of 2011.

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