Samsung climbs to no. 2 in mobile shipments
Samsung Electronics has climbed to number two in the table of global smartphone sales, say industry analysts, despite declining to release detailed figures on its device shipments.
Releasing its Q2 results, Samsung showed that a drop in net profits of 18% to $3.3bn, largely down to poor performances of the company’s panel TV displays, was offset by strong growth of Samsung’s mobile unit.
Samsung said operating profit in its telecommunications unit more than doubled on the same quarter last year, with mobile phones making up the majority of that figure. Smartphones in particular have seen a 45% year on year increase to $11.8bn.
Following the release of the South Korean firm’s second quarter results, published without detailed numbers on mobile phone shipments, analyst firm Strategy Analytics estimated that Samsung shipped 74m phones in Q2, compared to 63.8m over the same period last year.
This figure would put it just behind the market leader Nokia, which shipped 88.5m devices over the same quarter.
Strategy Analytics also estimated that Samsung shipped 19.2m smartphones in the period, just short of Apple's 20.3m, but ahead of Nokia's 16.7m.
Samsung said it saw strong smartphone growth in developed markets through strengthened lineups in the mid- and high-end segments. The company expects handset demand to increase in the high single digit percentage range in the third quarter, with demand picking up further toward the end of the year.
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