Samsung captures 21 per cent market share in UAE's mobile phones market
- United Arab Emirates: Tuesday, August 19 - 2003 at 11:20
- PRESS RELEASE
Samsung Electronics, the world leader in digital technology has further strengthened its number two position in the region's mobile phone market by acquiring a 20.8 per cent market share (in terms of mobile phone sales value) in the UAE.
The key propellers of this exponential growth are Samsung's state-of-the-art Multimedia Messaging Service (MMS) enabled camera phone-SGH-V200 and SGH-T500, the phone exclusively targeted at female users. Samsung recorded more than 30 per cent market share in the category of Dhs 1250 and above, which is Samsung's prime focus area.
Mr. D.K. Byeon, President, Samsung Gulf Electronics (SGE) said, "The recent Business Week and Interbrand Consultancy annual survey of the top 100 global brands, ranks Samsung as the world's 25th largest brand. In keeping with our global trend, we already rank number two and are rapidly moving towards capturing the larger pie of the mobile phones market share in the UAE." Business week reported Samsung mobiles as the number two player in terms of sales value worldwide, based on the Q1 sales in year 2003.
According to the GfK report, Samsung in terms of value grew by 190 per cent comparing the sales of May/Jun 2002 and May/June 2003. In terms of unit sales Samsung has achieved a market share of 17.6 per cent, solidifying its position as the second largest player in the UAE market.
As per GfK, the total number of mobile phones sold in UAE during the first half of year 2003 is 663,598 units amounting to Dhs 373,473,300. The total number of mobile phones sold during May 2002 to Jun 2003 is 1,325,592 units.
"The industry grew at the rate of 52.8 per cent, where as Samsung enjoyed an astronomical growth rate of 190 per cent during the period of May/June 2002 and 2003. The advent of colour phones, camera phones and the recent MMS revolution, were the key drivers in catapulting Samsung's growth in the mobile phones industry," said Mr. Steve Han, Senior Manager-Telecommunications, Samsung Gulf Electronics.
"Innovation based on customer feedback is key to our growth worldwide. With our range of innovative phones such as the SGH-V200, the Tri-band, MMS and GPRS-enabled (General Packet Radio Service) camera mobile phone coupled with Samsung's SGH-T500, will continue to enhance Samsung's position in the regional mobile communications industry," said Mr. Sudhir Nair, Sales and Marketing Manager, Telecommunications Division, Middle East Region.
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Founded in 1969 in Korea, Samsung Electronics today has 25 production bases worldwide and 59 sales subsidiaries in 46 countries. Samsung Electronics global strategy involves eight main regions: North America, Europe, Southeast Asia, Central Asia, Middle East & Africa (MEA), China, CIS and Latin America. Based on its vision of 'digital convergence' where everything will be integrated through networks, Samsung Electronics has currently positioned itself into four main business units, Home Network, Office Network, Mobile Network, and Core Components, producing the world's most innovative digital products. Currently, Samsung Electronics is the world's largest computer display manufacturer.
For further information, please contact:
Prem Ramachandran/ Dhanraj Walvekar
ASDA'A Public Relations, Burson-Marsteller exclusive affiliate in the Middle East
Dubai, UAE
Tel: +971-4-3344550
Fax: +971-4-3344556
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