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Motorola surprise Q3 profit report isn’t alone today. Samsung has reported a profitable Q3 2009, with the electronics giant’s mobile phone division shipping 60.2 million mobile phones in the latest quarter, a 16% increase from the same period last year. That’s a new record for Samsung. And, thanks to higher demand for touchscreen handsets, Samsung reported a Q3 profit of $875 billion, a 23% year-on-year improvement.
Samsung claims 20.8% of the global mobile phone market, following only behind Finnish handset giant Nokia. Those kinds of global sales figures haven’t been seen outside of Nokia since Motorola went to town with their RAZR in 2006. The push towards touchscreen handsets has clearly been working to Samsung’s advantage.
Samsung is also looking forward to a stronger Q4 fueled by consumers shopping for holiday gifts and emerging markets ready to adopt mobile technology. Still, competition from low- to mid-rand handsets from other manufacturers might be an issue for Samsung.
Samsung press release (PDF)
About The Author
Will Park
Will hails from The City of Angels - Los Angeles, California. He spends his time playing with his numerous gadgets and looking forward to seeing what future holds for mobile technology. An avid promoter of a fully "digital" life, he promotes the widespread adoption of truly mobile, paper-less living. He dreams of the day when he can go completely digital. No more snail mail, paper receipts, bound books, notepads/spiral notebooks, credit cards, hard currency. He's a digital warrior - fighting for the converged life. He is an idealist and a realist - he has a perfect view of what the world should be but knows that the world is not perfect. Can we ever hope to see Will's dream become reality? We'll see...
