Samsung, which makes the Galaxy brand of smartphones, was No 1 in China with 20 per cent of the market in 2013, but dropped to less than 1 per cent this year. Photo: Handout
Samsung to shut Tianjin mobile phone factory as its Chinese market share slumps and manufacturing costs rise
- Samsung has fallen from No 1 five years ago to less than 1 per cent market share as it faces intense competition from Chinese rivals
Topic |
Smartphones
Samsung, which makes the Galaxy brand of smartphones, was No 1 in China with 20 per cent of the market in 2013, but dropped to less than 1 per cent this year. Photo: Handout