Market Overview

Samsung Retains Top Smartphone Share in China, Apple Remains Number Two

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South Korea's Samsung Electronics (SSNLF) increased its share of China's smartphone market in the first quarter of 2012, according to Woori Investment and Securities. As reported by Yonhap News Agency, Samsung's lead increased from 24% to 28% during January to March, with sales of 9 million units.

Apple's (NASDAQ: AAPL) market share over the same period, rose from 8 percent to 19 percent, with 9 million iPhone sales through China Unicom (NYSE: CHU) and China Telecom (NYSE: CHA).

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