Samsung hopes to nearly double smartphone sales in 2012

Samsung Electronics’ mobile chief said it aimed to nearly double its smartphone sales in 2012 from last year, stepping up its battle with arch rival Apple Inc

February 27, 2012
Samsung logo

Samsung Electronics’ mobile chief said it aimed to nearly double its smartphone sales in 2012 from last year, stepping up its battle with arch rival Apple Inc.

JK Shin, president and head of Samsung’s Mobile Communications Business, made the comment to reporters ahead of the Mobile World Congress trade show in Barcelona. His remarks were later confirmed by a company spokesman.

Samsung topped global smartphone sales rankings last year, more than quadrupling smartphone sales to 97.4 million from 2010, according to data from Strategy Analytics. Apple finished a close second, with sales of 93 million smartphones.

Shin also said Samsung aimed to boost its total handset sales to 380 million this year, which would mark 16 percent sales growth for the world’s No.2 handset maker.

Samsung Electronics last year sold 327.4 million handsets, up from 280.2 million in 2010, according to Strategy Analytics.

Shares in Samsung Electronics moved in line with the broader market on Monday, down 1.2 percent as of 0149 GMT.

Tags: Active, Apple, Mobile World Congress, Samsung, Strategy Analytics

Free Email Newsletter:
Subscribe

Shutterstock is the image partner of MyBroadband – technology images can be found here

Join the conversation

Connect with MyBB

twitterfacebookandroidappleblackberrynewsletterfeed

Poll

Do you use WhatsApp?

View Results

Loading ... Loading ...

More News

MTN running out of steam

MTN logo

In the short-term, catalysts appear to be lacking and Visa may be an alternative, writes Marc Ashton

SpaceX launch delayed again

Space X liftoff

Thick clouds and rain over the Florida coast early Saturday forced the California-based SpaceX to postpone the launch of its Dragon cargo carrier to deliver food and supplies to the International Space Station.

Forget the watch, Apple Pay is the real game changer

Apple Inc CEO Tim Cook speaks on stage during an Apple event in San Francisco, California October 22, 2013.

Archaic methods of payment make way for the new with Apple Pay, writes Alistair Fairweather

Internet revolution set to hit South Africa

South Africa Internet

South Africa’s entertainment and media sector is set to grow at a 10.2% compound annual rate between 2014 and 2018

Free MyBroadband Newsletter:
Subscribe
X
bool(true)