|Samsung Takes a Bite out of Apple in China|
|by Tom McGregor||Mon, Nov 12, 2012, 11:33 PM|
BEIJING: Many tech fans believe that Apple Inc reigns supreme in the smart phones market. However, Samsung Galaxy phones are overshadowing iPhones in the lucrative China market. The tech battle of all ages - Apple vs Samsung - has clicked into overdrive as Chinese consumers show greater preference for Samsung's devices over Apple's gadgets.
"Recent analysis shows that more of Samsung's flagship Galaxy S III phones were sold in the 3rd Quarter of this year than the Apple 4S," according to ZDNet news. "During the past quarter, Samsung shipped 18 million units while Apple only managed to sell 16.2 million. That's a big deal considering the iron grip that Apple has held on the smart phone business for the past few years."
Some people have perceived Apple as an arrogant corporate giant that laughs at its rivals. The company's manufacturing plants in China, FoxConn, face scrutiny over well-documented allegations of sweatshop labor conditions in which managers overwork staff.
Meanwhile, Samsung is capturing a better public relations image in the country. Chinese officials have welcomed Samsung's chip manufacturing plants with open arms, which has inspired a more loyal customer base.
"When the world's economy remains sluggish and the Chinese economy slows down, the gigantic input of Samsung Electronics in Shaanxi (province), demonstrated not only the attractive market size here but the element in local capability to accommodate sophisticated industrial projects," according to the People's Daily.
To read the entire article from the China Daily, link here:
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