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Samsung regained its position as the top smartphone seller, wresting back the lead from Apple as Chinese rivals close the gap on both market leaders, industry tracker International Data Corporation (IDC) reported Monday."While Apple managed to capture the top spot at the end of 2023, Samsung successfully reasserted itself as the leading smartphone provider in the first quarter," Reith said.
The United States announced on Monday grants of up to $6.4 billion to South Korean semiconductor giant Samsung to produce cutting-edge chips in Texas.- 'Made in America' - Under the latest agreement, Samsung will not only build a new facility to produce advanced chips but also expand its existing facility in Texas, according to the Department of Commerce.
The tech giant has estimated a substantial profit rise for the first three months of this year.