Smartphone prices to rise: Samsung

Samsung Electronics Co Ltd said on Thursday that it expects average selling prices for handsets to increase in the fourth quarter due to a rise in high-end smartphone sales.

Robert Yi, Samsung’s head of investor relations, did not specify how much prices would rise, with the average selling price for handsets and tablets combined in the third quarter about $190.

Yi also told analysts during a conference call that shipments of handsets and tablets in the October-December period would be similar to the third quarter.

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Smartphone prices to rise: Samsung