Samsung targets 10% revenue growth in Africa

Jamie McKane

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Samsung targets 10% revenue growth in Africa

Samsung Electronics Co. is targeting an annual 10 percent increase in revenue from Africa over the next decade, even as competition from cheaper consumer devices intensifies.

The South Korean company will concentrate on key markets including South Africa, Kenya, Nigeria, Ghana and Senegal, according to Africa Chief Executive Officer Sung Yoon.

[Bloomberg]
 

Frequent visitor

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Samsung targets 10% revenue growth in Africa

Samsung Electronics Co. is targeting an annual 10 percent increase in revenue from Africa over the next decade, even as competition from cheaper consumer devices intensifies.

The South Korean company will concentrate on key markets including South Africa, Kenya, Nigeria, Ghana and Senegal, according to Africa Chief Executive Officer Sung Yoon.

[Bloomberg]
Note the expected growth is in Revenue, not sales......................................;)
 

Dolby

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They have their work cut out ... LG is fast catching up on TV sales and Huawei on mobile sales
 

Pandas2

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They have their work cut out ... LG is fast catching up on TV sales and Huawei on mobile sales
They are simply going to milk the sale of each device sold to make up for the loss of sales
 

wizardofid

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Well samsung will be hard pressed to get any more, as they basically using Africa as a whole for dumping their old stock on.
 
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