Samsung leads global smartphone production in Q3

Samsung Electronics Co. led the global smartphone industry in production with 78 million units in the third quarter, up 42 percent from the previous quarter and accounting for 23.2 percent of the total share.

The demand for Samsung's mobile devices increased in advanced markets during the pandemic.

According to market researcher TrendForce, the result reflects Samsung's focus on specific regional markets such as Europe and North America.

TrendForce added that due to economic stimulus policies and subsidies, smartphone sales in Samsung's markets have recovered.

Trailing Samsung were Chinese players Oppo and Xiaomi, which captured market shares of 13.4 percent and 13.2 percent.

Oppo manufactured 45 million smartphones in the third quarter, up 64 percent from the previous quarter, while Xiaomi produced 44.5 million smartphones, up 51 percent from the second quarter.