Samsung ranks number one in smartphone market
Technology/Gadgets News : Since the barbarism with Indian soldiers on the border of India and China, Indians have been angry about China and Chinese goods. Now China is paying its price.
According to a new report by Counterpoint, Samsung has got the crown of leader in the smartphone market from Xiaomi. Samsung has come at number one position in the smartphone market.
Advantage of China Sentiment?
Let me tell you that only after the clash in June, there was anger among the people of India against China, and the Anti China Sentiment is getting stronger in the whole country. Other brands including Samsung, which are not Chinese, are benefiting from this.
Samsung also left behind the global Huawei:
According to the report, Samsung has now surpassed Chinese brand Huawei in the global smartphone market as well. According to data for August 2020, Samsung's global market share reached 22 percent.
By April 2020, Samsung had a market share of 20 percent. This change has taken place in the last six months. If you talk about this, then in August 2020, its market share decreased to 16%. Its market share was 21 percent in April 2020.
Big loss for Apple:
Apple has launched its first 5G iPhone. The company's shares fell as much as 4% on the US stock market just before the event. This reduced the company's valuation by $ 81 billion (Rs 5.94 lakh crore). However, the stock recovered lightly until the market closed.
More News:
The country's forex reserve has crossed $ 550 billion for the first time. According to the Reserve Bank of India (RBI) data, it jumped by $ 5.867 billion (Rs 43,427 crore) to reach $ 551.505 billion (Rs 40,34,267 crore) in the week ended 9 October. Earlier, in the week ending October 2, it jumped by $ 3.618 billion to $ 545.638 billion. According to RBI data, for the first time in the week ending June 5, 2020, the country's forex reserves had crossed $ 500 billion.
According to RBI data, the country's forex reserves have increased by $ 111.793 billion in the last one year. Similarly, there has been an increase of $ 73.698 billion in forex reserves as on 31 March 2020. Foreign currency assets also increased by $ 100.903 billion in the last one year and $ 66.57 billion since March 31, 2020.