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Samsung Tops Market For OLED Display Mart In Q2

Samsung Electronics kept top spot in the market for smartphone organic light-emitting diode (OLED) displays in the second quarter (Q2) of 2019

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Samsung to come up with many new inventions as well, this year. Wikimedia Commons

Samsung Electronics kept top spot in the market for smartphone organic light-emitting diode (OLED) displays in the second quarter (Q2) of 2019, according to data on Sunday, although its share declined year-on-year amid the rise of Chinese rivals.

The South Korean tech giant had 82 per cent of the world market for smartphone OLED displays in April-June in terms of revenue at $3.15 billion, down 13 percentage points from a year earlier, according to the data compiled by industry tracker IHS Markit.

However, it is down from 98 per cent, posted in the second quarter of 2017, Yonhap news agency reported on Saturday.

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Galaxy S10 is the only smartphone that has a hole in OLED display itself. Pixabay

China’s BOE, on the other hand, grabbed 12 per cent of the market in April-June. Its market share crossed 10 per cent for the first time.

“Chinese rivals have been expanding their presence in the OLED display segment for mobile devices,” an industry watcher said and added Samsung would continue to face uncertainties despite strong dominance in the area.

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The market share of BOE reached 4 per cent in the fourth quarter of 2018 and jumped to 9 per cent in January-March, according to the data.

Samsung Electronics, however, is still considered to have overwhelmed Chinese rivals in terms of quality.

China-based Huawei Technologies also plans to adopt Samsung displays in its upcoming smartphone. (IANS)

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Samsung in a Deal to Supply 4G and 5G Network Equipment to Canada

It marks the first time for Samsung Electronics to supply telecom equipment to Canada, Yonhap news agency reported

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Samsung
Samsung Electronics accounted for 11 per cent of the global market for telecom equipment in the third quarter, rising sharply from 5 per cent posted at end-2018, according to the data compiled by industry tracker IHS Markit. Wikimedia Commons

Samsung Electronics Co. said that it has won a deal to supply fourth-generation (4G) and fifth-generation (5G) network equipment to Videotron, a Canadian telecom firm.

“Starting in early 2020, Samsung will deliver 4G LTE-A solutions across Quebec and Ottawa,” the company said in a statement.

“Samsung will increase efficiency in accelerating the expansion of 5G service coverage to match the pace with Canada’s 5G commercial launch, which is expected to take place in late 2020,” it added.

It marks the first time for Samsung Electronics to supply telecom equipment to Canada, Yonhap news agency reported.

Samsung
Samsung Electronics Co. said that it has won a deal to supply fourth-generation (4G) and fifth-generation (5G) network equipment to Videotron, a Canadian telecom firm. Wikimedia Commons

Samsung Electronics accounted for 11 per cent of the global market for telecom equipment in the third quarter, rising sharply from 5 per cent posted at end-2018, according to the data compiled by industry tracker IHS Markit.

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The company is anticipated to post sales of 6.2 trillion won (or $5.29 billion) from the segment this year, marking a whopping 50 per cent growth from 4.2 trillion won recorded in 2018, market watchers said. (IANS)