Seoul: Samsung Electronics Co. has strengthened its commanding presence in the South Korean smartphone market, securing a share exceeding 80 percent through July, as revealed by industry data on Thursday.
According to Yonhap News Agency, data released by industry tracker Counterpoint Research indicates that cumulative sales of Samsung Electronics' smartphones accounted for 82 percent in the first seven months of this year, marking an increase of 4 percentage points compared to the same period last year.
Apple Inc. followed in second place with an 18 percent share. Counterpoint Research highlighted Samsung's growth, attributing it to consistent sales of its flagship Galaxy S25 models and strong demand for its foldable Z Fold 7 smartphones, which were launched last month.
However, the report cautioned that Samsung's dominance might face a challenge in the second half of the year with the anticipated launch of Apple's new iPhone 17 series smartphones.