Samsung second-largest earwear vendor in MEA market

SectorFinancial Markets

Samsung Electronics Co. was the second-largest vendor of earwear products in the Middle East and Africa (MEA) market in the second quarter of the year, a report showed Wednesday, as the South Korean tech firm tries to expand its presence against the industry leader Apple Inc. Samsung ranked second in the MEA earwear market with a 33 percent share in terms of sold units in the April-June period, according to the market researcher International Data Corp. In terms of sales value, Samsung had a 25.2 percent share, according to South Korean News Agency (Yonhap). The company posted a strong on-year increase in earwear sales after shipping 98,000 units of the Galaxy Buds Plus wireless earbuds to the region in the second quarter of the year, IDC added. Apple, more...