Holiday Gift Guide »

Samsung: We’ll reach the top spot in 3 years!

Categories: Samsung
By: , IntoMobile
Thursday, December 30th, 2010 at 3:57 AM

Samsung has always been a company worth looking at. Although a giant, it keeps innovating and growing despite the recession.

Their latest plan involves overtaking Nokia in mobile space in the next three years. As part of that goal, the Korean giant plans to push premium products like smartphones and tablets to the point where they account for more than half of all the mobile device production.

Next year — which is said to be “very important” — Samsung will increase percentage of phones it manufactures in China and Vietnam. If everything goes as planned, the factory in the world’s most populous country will account for 60% of the total production. Vietnam is expected to take 15% of the work, followed by Brazil and India with 6 and 5 percent, respectively. As for its South Korean factory, the company will still make 14% of its phones there, but these will be higher-end devices.

As you probably know Samsung is not only about phones – they also make display, processors and other components used in mobile devices (among other things). With that in mind and with great phones they keep launching, my advice is simple – look for the company’s stock performance. I can’t suggest buying on our site, but you get the point, right? ;)

[Via: Unwired View]

About The Author

Dusan Belic

Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.

  • Vulcan

    Motorola had same goal back in 2006, when they had similar market share that Samsung has now. And what happened to Motorola (global sales, not US) then? Now they are back from 22% market share to 4%.

    It is good for a company to have goals, but I feel that Samsung will not make that dream of their´s to come true.

  • Vulcan

    Motorola had same goal back in 2006, when they had similar market share that Samsung has now. And what happened to Motorola (global sales, not US) then? Now they are back from 22% market share to 4%.

    It is good for a company to have goals, but I feel that Samsung will not make that dream of their´s to come true.

  • Vulcan

    Motorola had same goal back in 2006, when they had similar market share that Samsung has now. And what happened to Motorola (global sales, not US) then? Now they are back from 22% market share to 4%.

    It is good for a company to have goals, but I feel that Samsung will not make that dream of their´s to come true.

  • Anonymous

    Then you dont know how Samsung works. They set a goal and have consistantently met them. Everytime.

  • Anonymous

    Then you dont know how Samsung works. They set a goal and have consistantently met them. Everytime.

  • Anonymous

    Then you dont know how Samsung works. They set a goal and have consistantently met them. Everytime.

  • Anonymous

    Then you dont know how Samsung works. They set a goal and have consistantently met them. Everytime.