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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Friday, October 30, 2009

Samsung Gains More Market Share

Boosted by a 16% increase in handset shipments and rising sales of mobile WiMAX network equipment, Samsung Electronics said that revenue in its telecoms division rose 21% year-on-year to 10.71 trillion Korean won (9.03 billion US dollars) in the third quarter.

Samsung estimated its share of the combined US and EU handset markets at almost 28% in the quarter, compared with 22% for the whole of 2008, and its share of emerging markets at almost 17%, compared with 13% last year. It also forecast that 180 million smartphones will be sold worldwide this year and that smartphone penetration will rise to 16% from 12% in 2008. source: Samsung Electronics presentation

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