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China Smartphones Lift Russia Share as Apple, Samsung Pause

June 10, 2022
Source: asiafinancial.com asiafinancial.com
News Snapshot:
Samsung loses its spot as smartphone market leader as Xiaomi, Realme and Honor grow their market shares – but the overall market is shrinking. China’s smartphone makers have grown their share of the Russian market as manufacturers such as Apple and Samsung stopped selling there. Xiaomi, Realme and Honor accounted for some 42% of Russia’s smartphone sales in May 2022, according to data from mobile network MTS, climbing significantly from just 28% during May 2021. Samsung lost its top spot, seeing its market share fall from 28% to just 14% over the same periods. Apple’s market share slipped to 9%...
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Tags: Apple | ASIA | Business | capital | China | corporate social responsibility | Economy | finance | Germany | Hong Kong | manufacturing | media intelligence | mobile | Moscow | New York | News Media | Pacific | Russia | Samsung | Sanctions | Singapore | smartphone | stocks | supply chain | Xiaomi

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