Samsung Mobile Chief Is Confident That Foldable Devices Will Help to Maintain the Company’s Top Position as a Smartphone Maker

Samsung Mobile Chief Is Confident That Foldable Devices Will Help to Maintain the Company’s Top Position as a Smartphone Maker

5 years ago
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https://wccftech.com/samsung-foldable-devices-maintain-number-one-spot/

Huawei has made no secret of the fact that it wants to be the number one smartphone maker in the world and this obviously must have rung alarm bells for Samsung, which has seen its smartphone profits drop in recent years while its Chinese rival continues to make gains. However, in a recent interview, the company put up a brave face and explained how it plans to remain the number one vendor for the next ten decade.

With 290 million shipments, Samsung remained the number one smartphone vendor last year, but its total sales actually came down from 318 million units in 2017. While this can be chalked up to the fact that the whole smartphone industry is witnessing a slowdown, it’s nothing short of remarkable that Huawei’s sales actually went up from 153 million handsets to 206 million units during the same time period. However, Samsung is apparently convinced that it will stay perched at the top, thanks to innovations such as 5G and foldable displays, as the company’s smartphone boss Dj Koh recently said in an interview. Koh seemed to imply that whatever Huawei can do, Samsung can do better.