Samsung Electronics said that sales in its IT and mobile communications division rose 46% year-on-year to 32.82 trillion Korean won (29.53 billion US dollars) in the first quarter. Samsung said it "maintained a steady pace of Galaxy SIII sales and improved sales of Note II" in the smartphone sector and there was "continued growth momentum with increased sales of Tab2" in the tablet sector.
The Seoul-based company said that it expects to see "replacement demand grow" in developed markets driven by LTE expansion and growth in emerging markets led by mass-market smartphones. source: Samsung presentation
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