{
  "id": 2966023,
  "title": "Samsung Poised To Reclaim Smartphone Crown",
  "url": "https://urgent.news/2026/08/24/samsung-poised-to-reclaim-smartphone-crown",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-24T07:08:16.000Z",
  "source": {
    "name": "BusinessKorea",
    "slug": "businesskorea",
    "url": "https://www.businesskorea.co.kr/news/articleView.html?idxno=275382"
  },
  "original_language": "en",
  "account": "Samsung Electronics is poised to reclaim its position as the leading smartphone manufacturer, according to market projections. Despite a global decline in shipments, Samsung is expected to increase its sales by just 0.8% this year, surpassing Apple, which is forecasted to see a 2.1% decrease. Samsung's resurgence is attributed to its robust supply chain, diverse product lineup, and extensive business network, which mitigate market uncertainties. Conversely, Apple's potential for iPhone 18 price hikes and revised release schedules may dampen consumer demand. The dominance of the foldable iPhone in Q3 is anticipated to have limited impact due to projected low initial sales. The entire smartphone industry is expected to contract by 14.3% this year, with a gradual recovery beginning in 2028. Rising prices of essential components, especially those impacting budget-friendly models, are the primary drivers of the market contraction. Chinese smartphone manufacturers, heavily reliant on lower-priced devices, are facing an especially tough time, with shipment declines of 15% to 34% projected. Market recovery is anticipated only in 2028, contingent on improved component supply and stable retail prices, after which a 4.8% growth rate is predicted.",
  "summary": "As the global smartphone market shrinks with a double-digit decline, Samsung Electronics is expected to push out Apple and regain the top spot in the world based on shipment volume.According to market research firm Counterpoint Research on Aug. 24, smartphone shipments for Samsung Electronics this y",
  "key_points": [
    "Samsung projected to regain top smartphone spot in 2024",
    "Apple forecasted 2.1% sales decline, Samsung 0.8% increase",
    "Industry contraction expected at 14.3% this year"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}