Samsung regains top spot in Southeast Asian smartphone market
Samsung Electronics Co. recaptured the top spot in the Southeast Asian smartphone market in the first quarter of the year by edging out its Chinese rivals, according to a recent Counterpoint Research report.
Hanoi (VNA) - Samsung Electronics Co. recaptured the top spot in theSoutheast Asian smartphone market in the first quarter of the year by edgingout its Chinese rivals, according to a recent Counterpoint Research report.
Samsung's market share in Southeast Asia stood at 18.9 percent in theJanuary-March period, outperforming Chinese phone maker Oppo by 0.2 percentagepoint, Yonhap news agency cited the report as saying.
Chinese players also occupied the third to fifth spots on the list. Xiaomi camein third at 14.8 percent, followed by Vivo with 13.6 percent and Realme with7.3 percent.
Samsung has been taking the top spot in the Southeast Asian market, but in thefourth quarter of last year, it was beaten by Oppo.
According to Counterpoint Research, the rise in premium smartphones in theregion is boding well for Samsung.
Budget smartphones priced less than 100 USD accounted for 27 percent of theSoutheast Asian market in the first quarter, down from 46 percent a year ago.
In contrast, the portion of smartphones priced between 600 USD and 900 USD increasedfrom 4 percent to 10 percent over the cited period./.
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The consumer index of the University of the Thai Chamber of Commerce (UTCC), fell to 51.7 in July from 52.7 in the previous month. The sluggish economy and the trade war, as well as high living costs, continue to undermine confidence, the university said.
Deputy Speaker of the Hungarian National Assembly Istvan Jakab expressed his hope for further deepening Hungary’s ties with ASEAN countries and called for their support for Hungary’s accession to the Treaty of Amity and Cooperation in Southeast Asia.
The 30-storey tower crumbled seconds after a 7.7-magnitude earthquake hit neighbouring Myanmar on March 28. The partially built high-rise, meant to house the State Audit Office (SAO), was the only building in Thailand to collapse, killing 89 people on the site, mostly construction workers.
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Illustrative image (Source: IBTimes UK) 
