Samsung talks about the success of its new flagships

South Korean corporation Samsung has announced successful sales of its current flagship smartphones, as reported by the publication SamMobile.

In its Q2 2024 earnings report, the company said that the Galaxy S24 series of phones outsold the Galaxy S23 series in the same period. Specifically, shipments of the latest series flagships were higher in the first and second quarters than sales of the Galaxy S23 devices.

“People continued to buy Galaxy S24 series phones months after their launch,” the media outlet noted. The new series smartphones hit the market in late January. According to Hana Financial Securities, sales of the Galaxy S23 series reached 31.1 million units in a year. Galaxy S24 sales are likely to reach 35 million units.

According to SamMobile journalists, the Galaxy S24, Galaxy S24+ and Galaxy S24 Ultra were the first Samsung smartphones to receive seven years of support for Android updates and security patches. Depending on the region, the devices were released with Exynos 2400 and Snapdragon 8 Gen 3 processors.

At the end of July, Canalys analysts said that Samsung’s share of the smartphone market would reach 18 percent in the second quarter of 2024. The Korean company became the market leader, with Apple in second place.