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Samsung’s mainstream foldable phone – the Galaxy Z Flip 3 – is indeed fulfilling its purpose, at least in its home country. According to new research done by Counterpoint (via TheElec, the Z Flip 3 is the best-selling smartphone in South Korea, followed by the Galaxy S21, and Galaxy A32 in distant second and third.
Furthermore, Samsung now dominates the South Korean smartphone market with an 85% market share and looking at the quarter-by-quarter graph, it’s plain to see where the increase came from. LG withdrew from the smartphone business and its 11% market share was absorbed by Samsung right away.Apple also saw a decline by 5% compared to the previous quarter, and by 1% compared to the same period last year. The steep decline from the last quarter can be attributed to the iPhone 13 launch – iPhone sales in South Korea took off around the same time but the hype seems to have dried out.
The third-generation Samsung foldables are proving to be really popular. Back in October, the company said that “demand for its newest devices continues to exceed expectations,” without giving any numbers.