5G smartphone sales to hit 8.4 million units in South Korea this year: Report

Sales of 5G smartphones are expected to reach 8.4 million units in South Korea this year as handset manufacturers are racing to release more affordable devices that support 5G.
According to market tracker Counterpoint Research, 5G smartphones are estimated to account for 48 per cent of South Korea’s total smartphone sales this year. Last year, 5G-capable phones made up 28 per cent of the total smartphone sales here.
The number of subscribers to the 5G mobile network in South Korea reached 5.77 million as of last week, according to the country’s science ministry. South Korean mobile carriers commercialized 5G services in April last year.
Counterpoint Research said 13 new 5G smartphones will hit the domestic market this year, up from seven 5G handsets last year.