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Samsung garners 71 pct of world smartwatch market in Q1

2014/05/19 09:18

SEOUL, May 19 (Yonhap) -- South Korea's tech giant, Samsung Electronics Co., took 71 percent of the global market for smartwatches in the first quarter of 2014, data showed Monday.

Samsung shipped 500,000 units of smartwatches over the first three months of this year, according to tech industry watcher Strategy Analytics. It was an increase from Samsung's market share of 52.4 percent in 2013, when it sold 1 million units around the globe.