Samsung Electronics, one of the world's largest handset makers, said its telecoms division's sales rose 19% year-on-year in the fourth quarter to 12.11 trillion Korean won (10.9 billion US dollars). Its handset shipments climbed 17% year-on-year to 80.7 million, boosted by rising sales of smartphones.
Samsung said it expects global demand for handsets to grow a "high single digit %" in 2011 and that its own shipments will grow faster than the market. source: Samsung presentation
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