] High-end smartphones took 29 percent of Samsung Electronics
’ combined sales of handsets in the first quarter, data showed on March 27.
According to the data compiled by Hana Financial Investment, this marks the first time that high-end devices, such as the Galaxy S and the Galaxy Note series, have failed to account for 30 percent of sales for the company.
The portion of high-end smartphones once reached 75 percent in the second quarter of 2013, when Samsung released the Galaxy S4. But the figure gradually declined afterwards, falling below the 40-percent level in 2015.
In terms of average sales price, Samsung’s smartphones were sold at US$232 globally in 2016, down 20 percent from $289 posted a year earlier, the data compiled by industry tracker Strategy Analytics showed. Over the cited period, that of Samsung’s US rival Apple shot up 7 percent to $645.
By Alex Lee and newswires (email@example.com