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Samsung expects to ship more than half a billion phones in 2013


Samsung (005930) had a big year and despite some legal setbacks, the company saw record profits led by its mobile division. In 2012, Samsung became the world’s largest cell phone vendor with shipments estimated to have reached about 420 million units. According to the Korea Times, the company expects to ship 510 million phones in 2013, an increase of 20% over this year. More than half, or 390 million, of the devices are expected to be smartphones and the other 120 million units will be budget feature phones. Along with its popular line of Android-powered Galaxy smartphones, the company will ship devices powered by Microsoft’s (MSFT) Windows Phone 8 operating system and handsets running the new Tizen platform.

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About Nicholas Maithya

I am a writer focussing on disruptive technology, Fintech, Big Data and Internet of Things, Online Marketing trends, and investments. When I am not writing about these, I am probably in the gym working out, out and about with family, watching the news (basically business/technology) or soccer. That's why I do sometimes cover soccer-related stories.


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