Samsung’s business report shows that Chinese technology giant Huawei is ranked among the top five customers in Samsung. Other major customers include Apple, Verizon Wireless, Deutsche Telekom and Hong Kong Techtronics.
According to the Yonhap News Agency, industry data released on Monday showed that the Chinese market contributed more than 30% of Samsung Electronics’ total sales from January to June, surpassing the American continent for the first time to become the company’s largest market.
According to the company’s data, Samsung Electronics announced sales of 83.9 trillion won (US$74.6 billion) in the first six months of 2018; of this, 27.4 trillion won (32.7%) was obtained from China, and in 2013 The data is 18.5%.
In 2014, China’s contribution to Samsung’s sales was 20.6%, and it rose to 28.3% in 2017.
Samsung’s dependence on the Chinese market is getting higher and higher. Samsung’s sales in the Americas accounted for only 26% in the first six months of this year, while its 2016 Americas accounted for 31.8%.
Industry observers said that this growth was apparently caused by a sharp increase in demand for Samsung chips by Chinese technology giants; in addition, the US government’s protectionist policies have also weakened Samsung’s sales in the North American market.
Samsung’s business report shows that Chinese technology giant Huawei is ranked among the top five customers in Samsung. Other major customers include Apple, Verizon Wireless, Deutsche Telekom and Hong Kong Techtronics.
Samsung said that these five companies accounted for 11% of sales in the first half of the year. With Chinese and Hong Kong companies among the top five, this new list is very important.
In 2017, Samsung’s top five customers are Apple, Best Buy, Sprint, Verizon and Deutsche Telekom.
Experts said that Samsung should pay attention to the Chinese market, because China’s move to develop its own semiconductor industry may have an adverse impact on Samsung.
An industry observer said that Samsung’s dependence on China has increased significantly, and it may become a victim of a trade war between the United States and China.
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