Samsung Galaxy S20+ is Number 1 5G Smartphone by Revenue in 1H20

Samsung Galaxy S20+ 5G was the world’s bestselling 5G smartphone model by revenue in the first half of 2020, according to Strategy Analytics. Apple iPhone 12 is expected to take the 5G crown in the second half of the year.

Global 5G smartphone industry revenue hit a record US$34 billion in the first half of 2020. Despite coronavirus headwinds, the 5G smartphone market has soared to an all-time high. The 5G engine continues to drive smartphone growth, led by Samsung and Huawei.

Among the 5G smartphone segment, Samsung took 3 of the top 5 positions worldwide. Galaxy S20+ 5G is the world’s number one bestselling 5G smartphone model by revenue and accounts for a dominant 9 percent share of all 5G smartphone revenues generated worldwide. The S20+ 5G is among the world’s first blockbuster 5G models and is popular across Western Europe, South Korea, North America and elsewhere. Samsung’s S20 Ultra 5G is in 2nd spot and Samsung S20 5G sits in 3rd place.

Huawei P40 Pro 5G and Huawei Mate 30 5G were the world’s fourth and fifth bestselling 5G smartphone models worldwide in H1 2020. Huawei’s 5G smartphones are wildly popular in the giant China market. Looking ahead, Strategy Analytics expects Apple iPhone 12 to overtake both Huawei and Samsung during H2 2020. The iPhone 12 5G portfolio will deliver tens of billions of dollars of revenue in just a few weeks during the run-up to the Xmas holiday season and beyond.