We knew Samsung is the clear leader in the Android market but now we have numbers to put behind this claim. According to the latest report from Strategy Analytics, the Korean company managed to capture an impressive 95% share of $5 billion Android smartphone profits in the first quarter of 2013.
Neil Shah, Senior Analyst at Strategy Analytics, goes on to add that the Android platform accounted for 43% share of the entire smartphone industry’s operating profits that have reached $12.5 billion worldwide in Q1.
Another Strategy Analytics’ Senior Analyst, Woody Oh, argues that Samsung has its efficient supply chain, sleek products and crisp marketing to thank for its current position.
With just 3% of the market, LG is the second largest Android smartphone maker. It delivered a small profit during the quarter, as it currently lacks the volume scale needed to match “Samsung’s outsized profits.”
Finally, the research firm’s Executive Director Neil Mawston concludes that Samsung is not only the undisputed king of the global Android smartphone industry, but that it also likely generates more revenue and profit from the Android platform than Google does. In that sense, it may use this position to influence the future direction of the Android ecosystem…
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