Samsung Expects Record Quarterly Sales from Smartphone Surge Jan 9, 2012

Printable format  Email this Article  Search

In the third quarter of 2011 Samsung Electronics blew past Apple to become the world' biggest smartphone maker and in the fourth quarter the company expects to report its best-ever profits, thanks to smartphones.

Samsung said on Friday, Jan. 6, 2012, that it expects sales of approximately 47 trillion Korean won (approx. US$36 billion) in the fourth quarter of 2011 and expects to record a record profit of about 5.2 trillion won (approx. $4.5 billion).

Back to Daily News