Samsung expects 10 million sales of Galaxy S3 by July
Samsung Electronics, the world's largest smartphone maker, said on Monday it expects to have sold 10 million of its newest Galaxy S III model by the end next month.
J K Shin, head of the mobile communications division, said robust sales of the model would help Samsung's mobile business post a second quarter profit bigger than the three months.
“We expect it to surpass the 10 million mark by the end of next month as it is being well received globally,” he said “It will be noted as the mobile phone that reached the 10 million mark faster than any other phone in Samsung’s history and it is finally being rolled out in Korea. It took us more time to make local consumers satisfied with the service quality.”
“We’re getting far better feedback on the model overseas than what we experienced with the Galaxy S II,”. He didn’t elaborate or provide a specific second-quarter forecast for the mobile unit, which posted record first-quarter profit of 4.3 trillion won ($3.7 billion).
The company sold 93.5 million handsets in the first quarter, 36 percent more than a year earlier, Strategy Analytics said April 27. Nokia shipped 82.7 million, down 24 percent, and Apple sold 35.1 million units, an 89 percent gain from 2011.
Samsung sold 44.5 million smartphones in the three months ended in March, according to the researcher’s data.
According to Korea Herald, Shin’s comments came as the firm expanded its partnerships to 302 telecoms and retailers in 147 different countries, up from 296 telecoms and retailers in 145 nations previously announced following its London event on May 3.
The company’s rapid expansion comes just two years after its first Galaxy S smartphone was showcased in Seoul on June 25, 2010, said Shin.
The Galaxy S3 running on the third generation communications networks is currently provided in Korea solely by SK Telecom and is priced in the 900,000 won range, according to Samsung officials.
Samsung Electronics, the world's largest smartphone maker, said on Monday it expects to have sold 10 million of its newest Galaxy S III model by the end next month.
J K Shin, head of the mobile communications division, said robust sales of the model would help Samsung's mobile business post a second quarter profit bigger than the three months.
“We expect it to surpass the 10 million mark by the end of next month as it is being well received globally,” he said “It will be noted as the mobile phone that reached the 10 million mark faster than any other phone in Samsung’s history and it is finally being rolled out in Korea. It took us more time to make local consumers satisfied with the service quality.”
The company sold 93.5 million handsets in the first quarter, 36 percent more than a year earlier, Strategy Analytics said April 27. Nokia shipped 82.7 million, down 24 percent, and Apple sold 35.1 million units, an 89 percent gain from 2011.
Samsung sold 44.5 million smartphones in the three months ended in March, according to the researcher’s data.
According to Korea Herald, Shin’s comments came as the firm expanded its partnerships to 302 telecoms and retailers in 147 different countries, up from 296 telecoms and retailers in 145 nations previously announced following its London event on May 3.
The company’s rapid expansion comes just two years after its first Galaxy S smartphone was showcased in Seoul on June 25, 2010, said Shin.
The Galaxy S3 running on the third generation communications networks is currently provided in Korea solely by SK Telecom and is priced in the 900,000 won range, according to Samsung officials.
