For a technology giant, losing the China market may mean losing the future. Take Google, the world's largest search engine giant, as an example. In fact, Google repeatedly released the same signal to the outside world several years ago-Google's plan to return to the China market. This shows that Google attaches great importance to the China market.

Because, generally speaking, on the one hand, China is already the second largest economy in the world, and its per capita consumption power is relatively strong; Because China has a population of more than one billion, the total domestic demand in the market is very large. On the other hand, according to the industry's assessment, due to China's huge population base, and considering that the per capita real income of China will continue to grow in the future, as well as the further development of China's economy and science and technology, it should be expected that China will become the largest economy in the world before 2030.

As a multinational electronics giant, Samsung has accumulated rich experience and lessons in the global market for many years, so it is impossible not to see the future market trend and direction clearly. Therefore, from Samsung's point of view, although Samsung suffered a fiasco in the mobile phone market in China, it should not give up willingly.

According to a recent report by research firm Konas, domestic smartphone shipments have experienced the biggest decline in history. 20 18 saw a year-on-year decrease of more than 2 1% in the first quarter. In the first three months of this year, domestic consumers only bought 9.65438+million smartphones. The last time this happened was in the fourth quarter of 2065, 438+03.

The report comes as Samsung Electronics released its quarterly results on Thursday, saying that the company's quarterly results increased by 52% year-on-year. However, Samsung Electronics said that the overall "weak demand" for smartphones will drag down future earnings.