Friday, October 25, 2013

Samsung's Smartphones Still Surging

Samsung Electronics reported a 25% year-on-year increase in IT and mobile sales in the third quarter to 36.57 trillion Korean won (34.5 billion US dollars).  By way of comparison, Apple generated sales of 37.5 billion dollars in the same quarter.

Samsung said that total shipments of smartphones were up quarter-on-quarter led by increased sales of mass-market models. Shipments of high-end smartphones were flat quarter-on-quarter "driven by solid sales of current models with Note III launch." Tablet shipments increased sharply "due to enhanced product line-ups with Tab3 expansion." source Samsung presentation

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