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Samsung's flagship phone is king of the Android market

Samsung Electronics Comp., Ltd. (KSC:005930) continues on its tear in the smartphone industry.  Nearly as profitable as arch-rival Apple, Inc. (AAPL) [1][2], Samsung is on pace to sell 390 million smartphones this year, an incredible number.

Early sales numbers from the Galaxy S IV are looking healthy.  Despite criticism over its plastic-body, strong marketing appears to have come through for Samsung.  The company's co-CEO JK Shin announced to The Korea Times that the handset will hit the 10 million unit sales mark next week, a mere four weeks after its global launch.

By contrast, Samsung's last-generation flagship phone, the Galaxy S IIItook seven weeks to hit that mark.

The Samsung handset had a rather bizarre unveil:


... but appears to be keeping pace sales-wise.  It should get another little boost on June 26, when an unlocked version comes to Google Inc.'s (GOOG) Play store, priced at $649 USD.

Source: Korea Times





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