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The Korea Herald
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THE INVESTOR
March 29, 2024

Market Now

[MWC 2022] Samsung’s gadgets to clash with Chinese newcomers

  • PUBLISHED :February 28, 2022 - 09:56
  • UPDATED :February 28, 2022 - 09:56
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Models test Galaxy S22 at Samsung Electronics’ exhibition booth at Mobile World Congress 2022 that kicks off on Monday, local time. Samsung Electronics

Samsung Electronics expects the Mobile World Congress 2022 to become a proving ground for its newest 5G smartphones under the S22 series, with Chinese rivals heralding the launch of new phones in the same event in Barcelona, Spain.

Samsung Electronics is the largest smartphone maker in Europe by shipments with a third of the market share, but has seen its gap with Chinese competitors narrow.

While Samsung’s smartphone shipments in Europe surged 6 percent, its Chinese rivals such as Xiaomi and Oppo saw a two-digit rise in the same market, with the two’s combined sales share outstripping the No. 2 Apple, according to data by market intelligence Counterpoint Research.

Chinese competitors are gearing up for the respective new smartphone launches in Barcelona as part of keynote speeches.

Xiaomi, the third-largest smartphone maker in the European market with a 20 percent share by shipment, is poised to launch two new 5G phones -- Poco X4 Pro and Poco M4 Pro -- during the first day of MWC 2022 on Monday.

All eyes are on whether the launch would lead to Xiaomi’s rebranding of its phablet brand Redmi Note under its sister sub-brand Poco. If so, its latest Redmi Note 11, which debuted in Europe in January, will see successors with stronger chips and faster-charging batteries.

Also, Xiaomi’s flagship Xiaomi 12 lineup is tipped to arrive in MWC 2022 for the global launch.

State-owned Chinese smartphone maker Honor, formerly Huawei-owned, has also teased a new 5G handset, named Honor Magic 4 series, on Monday. Whether the new models are set for a release in the European market remains to be seen.

Meanwhile, Oppo, the fourth largest in Europe with an 8 percent share, has announced the launch of its latest Find X5 and X5 Pro on Thursday.

The series of announcements come as Samsung, the world’s largest smartphone maker by sell-through, has released its smartphones under the Galaxy S22 lineup, two weeks after the Unpacked event online.

The open sales for its high-end variant S22 Ultra -- a de facto successor of its phablet Note series with built-in stylus support -- began worldwide Friday, while parts of Europe are set to start the open sale for basic models S22 and S22+ in March.

On top of the planned debut of the newest laptop lineup, the successors to the Galaxy Book Pro and Pro 360 unveiled the previous year, MWC 2022 will be where Samsung will showcase the Galaxy ecosystem’s connectivity via multiple devices -- from smartphones to tablets, wearable devices and laptops, Samsung said.

Its 1,745-square-meter exhibition booth, located in Hall 3 at Fira Gran Via, will display all the latest devices -- Galaxy S22 smartphones, Galaxy S8 tablets, Galaxy Watch 4, and the like.

Samsung said in a statement that visitors would be able to learn “how seamlessly the Galaxy ecosystem connects to devices, how productive and innovative the Galaxy ecosystem will be, in various contexts including virtual classrooms and remote work settings.”

Samsung is the only South Korean smartphone maker taking part in MWC 2022, with its domestic rival LG Electronics’ exit from the lossmaking handset business in 2021.

Samsung’s mobile experience business, overseeing businesses related to handsets, tablets, personal computers, and wearable devices, earned 104.7 trillion won ($86.9 billion) worldwide for 2021, up 9 percent from the previous year.

By Son Ji-hyoung (consnow@heraldcorp.com)

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