Samsung handset to reach 115 million units sale

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[Telecom Business] Samsung handset to reach 115 million units sale

[ Grace Won 2007-10-13 ]

SEOUL, Korea (AVING) -- Samsung Electronics announced record revenue of 16.68 trillion won for the third quarter of 2007. In particular, the Telecommunication Network Business posted an operating profit of 590 billion won on the quarterly revenue of record-high 5.08 trillion won. On a consolidated basis, operating profits showed a steady performance of 880 billion won, an 87% increase over the last quarter.

Robust sales of premium phones, including the “Ultra Edition,” and a solid performance in emerging markets helped boost sales to a record of 42.6 million units for a single quarter. This strong performance led the accumulated unit sales of the company to more than 115 million units, exceeding last year’s total of 114 million units.

The company will actively respond to the growth of the 3G market by launching more phones supporting WCDMA and HSDPA standards. In addition, the company’s various premium phones such as Armani phones, B&O phones II, 5M-pixel camera phones and touch screen phones will continue to position Samsung at the forefront of the multimedia market.
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Samsung handset to reach 115 million units sale

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