Samsung Makes Big Profits From Galaxy Tabs, Tablets Become Popular Again

Samsung reportedly recorded record profits in the tablet segment, a market in crisis.

According to Revegnus, Samsung recorded its biggest quarterly profits thanks to its digital tablets. He claims that “Samsung recorded a 300 billion operating margin won in the first quarter of this year for tablets. The operating profit margin for tablets is around 10%, surpassing the 7-8% levels seen for smartphones and smartwatches. According to the leaker, digital slates are almost 50% more profitable for the Korean giant than smartphones or connected watches.

To read – The Samsung Galaxy Tab S9 should gain in autonomy thanks to a larger battery

It is true that in the segment of smartphones as in that of connected accessories, competition is so strong that companies are forced to lower their prices. The tablet market is not a priority for manufacturers of electronic devices. Indeed, most members of a household concentrate their spending on smartphones, the acquisition of a tablet being most often only a secondary choice. As a result, after peaking in 2012, digital slate sales have only declined since.

Samsung records more than 200 million euros in profits thanks to tablets

According to the IDC institute, Apple iPads dominate the competition head and shoulders, at 35.2% market share, while Samsung is a good second at 23.3%. Huawei is a distant third, at 6.6%, thanks to the Chinese domestic market. In this context, the revelation that tablets are Samsung’s growth engine is somewhat surprising. Are digital slates coming back into fashion? It’s hard to be sure, as innovations in this segment are rare.

Google has just presented the Pixel Tablet, which stands out from the competition with its hybrid use. It can act both as a standard tablet and as a Nest Hub-type connected display. Samsung for its part will very soon formalize the Galaxy Tab S9, a premium tablet which will focus on resistance and durability.