Samsung Hopes to Sell 390 Million Smartphones Next Year
December 27, 2012 10:50 AM
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Samsung aims high for 2013
With the final days of 2012 upon us, many companies are looking forward to “great success” in 2013. Samsung is expecting to sell 510 million mobile phones next year, which would represent a 20 percent rise compared to 2012.
Of the 510 million mobile phones it expects to sell, 390 million will be smartphones with the remainder coming from the sale of feature/budget phones.
"There are some possibilities that smartphone demand will slow in general. But we are seeing new demand for devices using Long Term Evolution (LTE),'' said Kim Hyun-joon, an executive at Samsung's telecommunications division."
Samsung also announced that it intends to build 240 million devices at its Vietnamese factory, 170 million devices in China, 20 million in India, and 40 million devices at its Korean factory. Samsung also plans to spend $2.2 billion upgrading handset factories in Vietnam by 2020 to boost output.
"By offering better pricing to consumers in developing nations, we will find new growth. This will also enable consumers in developed nations like North America and Europe to buy our LTE devices at more affordable prices,'' said a Samsung official.
Analysts are predicting that Samsung will dethrone Nokia to become the top handset shipper in the world for 2012. Nokia has held that title for 14 years.
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A tale of two cities
12/27/2012 11:29:50 AM
"If I cannot overwhelm with my quality, I will overwhelm with my quantity" - Emile Zola
Not ceramic, metal, kevlar or carbon fibre, we're talking plastic case construction. Hell even the stylus is cheap plastic, the very same injection molded plastic used across almost their entire product line. Sheep put on their blinders and ignore HTC, Apple and even Motorola whom put out a quality product and still support Samsung. I wonder when people will wake up and realize Samsung doesn't care about anything but their bottom line; making the cheapest product possible and still charging the same as other premium devices.
Does nobody care about quality now adays? Would you pay the exact same for a plastic watch vs a stainless steel Swiss?
"So, I think the same thing of the music industry. They can't say that they're losing money, you know what I'm saying. They just probably don't have the same surplus that they had." -- Wu-Tang Clan founder RZA
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