Samsung to Double Smartphone Sales in 2012

Samsung Electronics mobile chief said the consumer electronics behemoth aimed to nearly double its smartphone sales in 2012 from last year, stepping up its battle with nemesis Apple. J.K. Shin, president and head of Samsung’s Mobile Communications Business, made the comment to reporters ahead of the Mobile World Congress trade show in Barcelona. His remarks were later confirmed by a company spokesman. Samsung topped global smartphone sales rankings last year, more than quadrupling smartphone sales to 97.4 million from 2010, according to data from Strategy Analytics.

In 2011 Apple finished a close second to Samsung, with sales of 93 million smartphones. J.K. Shin also said Samsung aimed to boost its total handset - including non smartphones -  sales to 380 million this year, which would mark 16 percent sales growth for the world’s No.2 handset maker. Samsung Electronics last year sold 327.4 million handsets, up from 280.2 million in 2010, according to Strategy Analytics. Those foxy Fins, Nokia, though battling to get a foot into the smartphone market, sold 422 handsets in 2011, up from 150 million in 2010.  Read the full article »»»»