>>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.
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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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