Samsung Electronics has reported declining sales for its smartwatch, tablet and smartphone in the fourth quarter of 2016. The company sales figures of the flagship products went down because of the growing causes of Samsung Galaxy Note 7.
Sales Drop In Smartphone, Smartwatch And Tablet
The team of market researcher revealed that the company's smartwatch market share dipped to 9.8 percent from 16 percent last year. The Strategy Analytics (SA) unveiled that smartwatch shipments were 800,000 units and it was 500,000 units lower from 1.3 million units a year before.
According to Android Headlines, SA researcher, Stephen Walter, said that Samsung might need to launch affordable products. The tech giant lost a huge figure in sales in 2016, the company's market position declined third places throughout 2016.
The smartphone sales went down globally, which dipped to 8.1 million from 8.2 million units in the same period last year. The analysts also studied the tablet market and found that the 15.2 percent in 2016 dropped down from 16.1 percent a year before. The tablet shipment also declined throughout 2016, which from 33.4 million units dropped down to 26.6 million units. It was down by 20.5 percent of sales production, as reported by Business Korea.
Future Rebound Sales
Samsung Electronics aims for rebound sales by launching its new tablet and handset. It is one of the excellent strategic ways of the company to gain more figures on the market share, as well as the shipment.
Samsung Galaxy Tab S3
The Galaxy Tab S3 is expected to be revealed at the Mobile World Congress (MWC) 2017, which will be held in Barcelona at the end of February. The upcoming tablet is expected to showcase its 9.7-inch QXGA AMOLED display. The Qualcomm Snapdragon 820 processor powers it. The tablet's rear camera has 1,300-MP and the front has 500-MP. It comes with 4 GB of RAM. It will also run on Android Nougat.