Samsung eyes 75% smartphone biz from 5G phones; advances Galaxy A series launch

Smartphone maker Samsung has advanced the launch of its Galaxy A series smartphones with an aim to capture a larger market share as it looks to garner 75 per cent of its mobile phone business from the sale of 5G handsets this year, a senior company official said on Thursday.

Samsung India Senior Vice President for Mobile Business Raju Pullan told PTI that the company’s mobile business grew over 22 per cent in value terms between January- November 2022 and is expected to grow faster than the industry this year, in strong double digits.

“Last year, industry contribution for 5G was 56 per cent as per industry analysts. 5G contributed 61 per cent to Samsung India’s mobile phone business in 2022.