Samsung expects that its handset shipments grow 19% to more than 270 million units this year, helped by demand for smartphones. In other words, that’s more than double that of the industry, according to the company’s president of the mobile-communication division – J.K. Shin.
Last year, Samsung shipped 227 million mobile phones and this year their big bet is on smartphones – the plan is to go from 2009’s 6 million devices to 18 million. In addition, the Korean company also plans to cover other market segments.
There are some merits to these numbers as global sales of smartphones are set to increase 32% in 2010 and further expand 34% next year, according to the research firm ISuppli. The overall global handset market will grow 10% to reach 1.2 billion units (Morgan Stanley) and Samsung, unsurprisingly, wants to monetize on the trend…
[Via: Bloomberg]