Samsung Electronics Co. has been known as the leading electronic company in the world and now regained its status as the world's largest smartphone
seller in the first quarter of the year, dethroning Apple Inc. in terms of
revenue, data showed on Tuesday.
Samsung sold smartphones
worth US$23.62 billion in the January-March period, regaining the top spot lost
to the iPhone maker in the fourth quarter of last year, according to the data
by market researcher Strategy Analytics.
The first-quarter figure is
up $952 million from the previous quarter's reading, they showed.
Apple trailed Samsung with
sales totaling $22.95 billion in the first quarter, down $7.71 billion from the
previous quarter, the market researcher said.
The Korean smartphone maker
held the top spot during the September-December period but was dethroned by
Apple, which enjoyed robust demand for the U.S. firm's iPhone 5.
The change in ranking was
largely attributed to solid demand for Samsung's high-end smartphones that run
on the long-term evolution (LTE) network.
Meanwhile, Nokia Corp. came
in third with sales of $3.64 billion, followed by LG Electronics Inc. with
$2.95 billion in sales, the data showed.
LG Electronics emerged as the
world's third-largest smartphone maker in the first quarter thanks to strong
demand for its flagship devices such as the Optimus G.
Meanwhile, Apple topped the
list of operating income ratio among the rivals around the globe in the first
quarter with a 31 percent share, followed by Samsung with a 21.8 percent share,
LG Electronics with 4.1 percent and Sharp Corp. with 3 percent, the data
showed.
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