Monday, January 3, 2011

Samsung Electronics Says It Sold 10 Million Galaxy S Smartphones

from Bloomberg:

>>Samsung Electronics Co., the world’s second-largest maker of wireless handsets, said it met a sales target for its most popular smartphone as the company seeks to narrow the gap with Apple Inc.’s iPhone.

Samsung sold 10 million units of the Galaxy S model in 2010 after introducing the device in June, the company said in an e- mailed statement today. The Suwon, South Korea-based phonemaker aims to double sales of smartphones this year as more customers use the device to make video calls, read electronic books and use social networking sites.


The Korean company will probably ship 61 million smartphones this year, Goldman Sachs Group Inc. said in a report on Dec. 13.

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