Analysts expect Samsung's smartphone sales to drop in the April-June quarter, following a more than 2 percent drop in the previous quarter as consumers flock to cheaper models from Chinese rivals such as Xiaomi Corp (1810.HK). Samsung's lead over Apple Inc (AAPL.O) in the global smartphone market is under pressure after the U.S. firm's iPhone X exceeded market expectations while a lack of technological innovation dogs Samsung offerings. Samsung's latest Galaxy S9 flagship phone, launched in mid-March, boasts lots of software but little in the way of technological wizardry. In China, the world's biggest smartphone market, Samsung's market share was just 1.3 percent in the first quarter, according to data from research firm Strategy Analytics, compared with Huawei's [HWT.UL], 22.5 percent. ADVERTISEMENTIn India, Xiaomi displaced Samsung as market leader last year and continued to lead in the world's second-biggest smartphone market in the first quarter, according to a report from research firm Counterpoint.
Samsung's second quarter profit may flag as smartphone innovation dries up
collected by :John Smith
Analysts expect Samsung's smartphone sales to drop in the April-June quarter, following a more than 2 percent drop in the previous quarter as consumers flock to cheaper models from Chinese rivals such as Xiaomi Corp (1810.HK). Samsung's lead over Apple Inc (AAPL.O) in the global smartphone market is under pressure after the U.S. firm's iPhone X exceeded market expectations while a lack of technological innovation dogs Samsung offerings. Samsung's latest Galaxy S9 flagship phone, launched in mid-March, boasts lots of software but little in the way of technological wizardry. In China, the world's biggest smartphone market, Samsung's market share was just 1.3 percent in the first quarter, according to data from research firm Strategy Analytics, compared with Huawei's [HWT.UL], 22.5 percent. ADVERTISEMENTIn India, Xiaomi displaced Samsung as market leader last year and continued to lead in the world's second-biggest smartphone market in the first quarter, according to a report from research firm Counterpoint.

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Analysts expect Samsung's smartphone sales to drop in the April-June quarter, following a more than 2 percent drop in the previous quarter as consumers flock to cheaper models from Chinese rivals such as Xiaomi Corp (1810.HK). Samsung's lead over Apple Inc (AAPL.O) in the global smartphone market is under pressure after the U.S. firm's iPhone X exceeded market expectations while a lack of technological innovation dogs Samsung offerings. Samsung's latest Galaxy S9 flagship phone, launched in mid-March, boasts lots of software but little in the way of technological wizardry. In China, the world's biggest smartphone market, Samsung's market share was just 1.3 percent in the first quarter, according to data from research firm Strategy Analytics, compared with Huawei's [HWT.UL], 22.5 percent. ADVERTISEMENTIn India, Xiaomi displaced Samsung as market leader last year and continued to lead in the world's second-biggest smartphone market in the first quarter, according to a report from research firm Counterpoint.
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