About this weblog

What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Friday, October 26, 2012

Galaxy SIII Fuels Sales Surge for Samsung

Samsung Electronics said that its IT and mobile communications division increased sales by 67% year-on-year in the third quarter to 29.92 trillion Korean won (27.25 billion US dollars).  Samsung said that "it saw a substantial increase in revenue/profit QoQ driven by rising sales in high-end smartphones, enhanced product mixes, etc." It added: "Smartphone shipments increased significantly due to global expansion of GalaxyS III and reinforced line-ups of mid/low-end products." source: Samsung presentation

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