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在线翻译:
szdaily -> World Economy -> 
Phonemakers to fill gap left by Samsung
    2017-02-28  08:53    Shenzhen Daily

    PHONEMAKERS are piling in to fill a gap in the market left by Samsung Electronics, still licking its wounds from a costly recall of its flagship Note 7 and with no key device of its own to launch at the Mobile World Congress in Barcelona, the telecom industry’s biggest annual fair.

    Shenzhen-based Huawei Technologies Co., the most likely contender to fill the hole in the premium end of the market, took the wraps off a new phone in its quest to displace Samsung as the world’s second-largest smartphone maker after Apple Inc., during a rush of new product releases Sunday.

    Chinese challengers Xiaomi, Vivo, Oppo and Gionee are in hot pursuit, while BlackBerry and Nokia announced models exploiting their retro appeal.

    Samsung itself presented two new tablets pending the launch of its next flagship device, the Galaxy S8, expected now at the end of March rather than at Mobile World Congress, its usual showcase.

    “The past six months have undoubtedly been one of the most challenging periods of our history,” Samsung’s European marketing chief David Lowes told a news conference in Barcelona. “We’re determined to learn every possible lesson.”

    Samsung withdrew the Galaxy Note 7 last October after faulty batteries led some devices to catch fire, leading to a loss of consumer trust, wiping out more than US$5 billion in operating profit, and allowing the iPhone to overtake it in sales.

    “The competition is feisty but I think we have a good chance,” said Richard Yu, head of Huawei’s consumer business group.

    Samsung’s smartphone market share dropped to 17.7 percent in the fourth quarter, while Apple’s rose to 17.8 percent, according to Strategy Analytics.

    Independent research analyst Richard Windsor of Radio Free Mobile doubts whether Samsung can quickly regain its position.

    “Samsung has taken a massive US$5.4 billion hit to profits, apologized profusely for the recall and admitted shortcomings in its quality and assurance process. But I don’t think that the full effects of this issue have fully hit home,” he wrote in a blog post.

    He pointed to a survey from Harris Poll, which shows that Samsung’s reputation has fallen from No. 7 in the United States to No. 42, just one position above the U.S. Postal Service.

    Huawei has aggressively expanded its mid-to-high-end phones and is going head to head in Asia and Europe with Apple and Samsung in the premium phone market. (SD-Agencies)

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