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]