Samsung to hit record smartphone sales: 70 million units in Q1 2013?

While in the last couple of years we were used to the mesmerizing Apple growth, it seems that Samsung is ready to take its role as analysts expect it to weather seasonally low demand and still deliver record smartphone sales in Q1 2013.

Analysts from Counterpoint Research estimate Samsung sold around 25 million smartphones each month of 2013 for a total exceeding 70 million in Q1.

What’s more, Samsung only increased its dominant position in smartphones growing market share from 32% in Q4 2012 to 35% in Q1 2013.

Apple and LG are expected to also increase their market shares in this (almost) past first quarter. Apple is projected to reach 21% market share while LG is said to grow to 4.3% from 4%.

What’s also notable is the staggering growth of Chinese smartphone makers that are expected to take up a whopping 21% of the market.

source: Yonhap