As reported in
the Korea Joongang Daily, the global market for 5G smartphones is dominated by Chinese and Korean firms. As shown in the figure (click to see a full size version), Samsung Electronics and LG Electronics ranked second, together accounting for 41.7% of the global market. The Chinese firm Huawei ranked number one in market share. Together with Vivo and Xiaomi, Chinese firms accounted for 54.1 percent of the global market.