June 07, 2013 10:05
Samsung Electronics dominated the global smartphone market in the first quarter but failed to dislodge Apple from the top spot in North America. According to Hong Kong-based market research firm Counterpoint Research on Wednesday, it had the largest market share in four out of five key regions -- Asia, Europe, South America and the Middle East/Africa.
The tech titan controlled 44 percent of the market in Europe, including the U.K., France, and Russia, thanks to strong sales of its Galaxy S3 and Galaxy S3 Mini. In South America, it claimed a 41 percent stake by releasing more affordable models such as the Galaxy Grand, Galaxy Y and Galaxy S Duos.
Apple had the largest market share in North America of 38 percent. According to Counterpoint Research, it sold 8 million iPhone 5 handsets in the first three months. Samsung came second with 28 percent.
LG Electronics ranked third in North America with a 9 percent share, and placed second in South America with 13 percent.
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