China and Korea dominate 5G smartphone market

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.