Samsung second in global smartwatch market in Q1

Bogo Journal Tech

Samsung Electronics became the second-largest vendor of smartwatches in the first quarter of the year, amid rising popularity of the wearable device.

Samsung, which makes the Galaxy Watch, shipped 1.9 million smartwatches in the January-March period, up from 1.7 million a year earlier, according to data from market research firm Strategy Analytics.

However, its market share declined slightly from 14.9 per cent to 13.9 per cent over the cited period.

“Samsung remains the world’s number two smartwatch vendor, but its growth was slowed by the coronavirus lockdown at home in South Korea and renewed competition from hungry competitors like Garmin,” said Steven Waltzer, senior analyst at Strategy Analytics.

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