Samsung Is Earning High Profit By Selling More Smartphone For Less Money

The South Korean electronics giant Samsung has captured most of the market profit this year by selling a great number of Smartphone. Most of the shipped Smart phones are low end and the number of shipped mobile is around 84 million. This number is huge, and it is even more than the tech giant Apple and Huawei Technology. The sale of Samsung was dropped 7% last year, and this step was taken by them to regain the margin quickly this year.

Source -

Source –

The number of Smartphone sold by Samsung this year is 6.3% more than the last year. But again, most of the sold Smartphones are low end and very few are high end. While the number of Smartphone sold at $301 price was 55% last year, this percentage is 40% this year. And the number of Smartphone sold at $200 is 38% this year while this percentage was 30% last year at the same time. However, overall, the profit Samsung is creating is huge.

Most of the credits go to the J series of Samsung that is packed with great functionalities but available at reasonable rates. Though this Galaxy J series is a low end device, but you will be able to enjoy many new exciting features that are amazing.

But this is not sure for how long Samsung will be able to hold this tradition as low priced Smart phones by various Chinese companies are hitting the market every day.

Source – WSJ.D Tech 

More on this topic

Leave a Reply

Apparently, the iPhone XS will Come with a Hidden Second Notch
Can you Professionally Track your Health with the Samsung Galaxy Watch?
Searching for the best laptops for music production? Here is our pick
samsung Galaxy s10 Design
Samsung Galaxy S10 Specs, Features, Release Date, Price, Rumors and News
Android Apple Gaming How To Internet iPhone Personal Computers Review Site review The Top Best
Searching for the best laptops for music production? Here is our pick

Music production is no child’s play and if you are looking...

Looking for the best camcorders under $300? Check these out

A camcorder is the best asset for anyone who loves taking...

How to Fix Samsung Galaxy S9 Wi-Fi Issues
How to Fix Samsung Galaxy S9 Wi-Fi Issues

The list of features and specs that the Galaxy S9 has...