Samsung Electronics regained the No. 1 spot in the global smartphone market in the first quarter of this year thanks to the increase in output of low- and mid-price models such as the Galaxy J.
According to market research firm TrendForce on April 12, Samsung Electronics gained a share of 26.1 percent in the global smartphone market in the first quarter of this year, overtaking Apple that achieved a 16.9-percent share. Samsung's first-quarter smartphone output is estimated at 80.14 million units.
In the previous quarter, Samsung Electronics saw its global share fall to 18.5 percent due to the Galaxy Note 7-caused production setback, overtaken by Apple with 20.3 percent.
TrendForce said, "The performance of Samsung Electronics in the premium smartphone market remained sluggish in the first quarter of this year as it failed to fully regain consumer confidence. However, its overall smartphone market share rose thanks to the strong performance of its low- and mid-priced models, including the Galaxy J."
The National Pension Service (NPS) will further increase the proportion of overseas investment with a higher share of global equities, according to its asset allocation plan for the 2017-2022 period. Global equities will make up around 25% by end-2022, versus&hellip
South Korea’s leading asset owners are planning to expand private debt investment this year in pursuit of medium risks and medium returns, setting their eyes on direct lending and mezzanine notes. In a recent poll of the country’s 20 institutional&hellip
Jae-Sang Kim, who had worked with National Pension Service’s (NPS) Chief Investment Officer Myoun-Wook Kang in asset management firms for several years, was appointed on May 24 to lead the global alternative investment division of the $500 billion pension fund. NPS&hellip