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Samsung will increase its market share to 50% by the end of June - Daily News Egypt

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Samsung will increase its market share to 50% by the end of June

Sherif Barakat, the executive vice president of Samsung Electronics Egypt, revealed that the company is seeking to increase its share of mobile phone sales in Egypt to reach 50% by the end of June. He pointed out that the company accounted for 43% of the handsets market at the end of March. It increased its …


Sherif Barakat, the executive vice president of Samsung Electronics Egypt, revealed that the company is seeking to increase its share of mobile phone sales in Egypt to reach 50% by the end of June. He pointed out that the company accounted for 43% of the handsets market at the end of March.

It increased its share during the first quarter of 2017 supported by sales of J and A phones, as the company’s share represented 40% at the end of 2016.

Barakat is betting on the Galaxy S8 and S8 Plus phones to increase the company’s share to 50% in the second quarter of 2017.

He added that Samsung Egypt already accounts for 60% of the smartphone sales in the highest price category of phones worth more than $500.

Topics: Mobile Samsung
https://www.dailynewsegypt.com/2017/06/05/samsung-will-increase-market-share-50-end-june/
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