It is reported that only Samsung and Apple among smartphone manufacturers make money. Is it true or not?

Samsung and Apple make 90% of the global profits, and other manufacturers also make profits, but very little. Mainly because the added value is too low, there is no core competitiveness, mainly relying on cost performance. Moreover, mobile phones must have economies of scale to reduce costs. If the enterprise's own strength is not strong, the cost is difficult to control.

Samsung and Apple are profitable because they occupy a huge share of the high-end mobile phone market, which is the most profitable piece. Although both Huawei and ZTE have large mobile phone shipments in China, which are among the top five in the world, there is no profit. Because the operating cost is too high.

When BenQ acquired Siemens' mobile phone business, Siemens also recorded 400 million euros. As a result, within one year, BenQ lost 654.38 billion RMB, which is a typical example.