Galaxy S3 eyes 10 million mark

2012-06-25 16:09
The Samsung Galaxy SIII has made its bid for the smartphone crown. (Samsung)

The Samsung Galaxy SIII has made its bid for the smartphone crown. (Samsung)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Seoul - South Korea's Samsung Electronics, the world's largest smartphone maker, said on Monday it expects to have sold 10 million of its newest Galaxy S3 model by the end of July, two months after its launch.

JK Shin, head of the mobile communications division, said robust sales of the model would help Samsung's mobile business post a second-quarter profit bigger than the three months.

"We're getting more positive reviews for Galaxy S3 than the previous Galaxy S1 and S2 since the release in Europe, the Middle East and Southeast Asia beginning 29 May," Shin said at an event to mark the phone's domestic release on Monday.

He estimated that global sales of the new phone - currently available in 147 countries - would surpass 10 million next month, including about a million to be sold at home.

"We're doing fairly well in emerging-economy markets... I think our second-quarter earnings will be better than the first quarter's, despite the difficult economic situation in Europe," Shin said.

Record profit

The company, the world's biggest technology firm by revenue, posted a record net profit for all its divisions of $4.44bn in the first quarter, thanks largely to strong smartphone sales.

The third version of the Galaxy S series offers face-recognition technology and improved voice-activated controls as well as a more powerful processor that lets users watch video and write emails simultaneously.

It also has a 12.2cm screen that is 22% larger than the S2, while it can detect eye movements and override the automatic shutdown if the user is looking at the screen.

Samsung shipped 44.5 million smartphones in the first quarter, exceeding the 35.1 million of US arch-rival Apple, according to market researcher Strategy Analytics in April.

Samsung, embroiled in patent lawsuits in 10 nations with Apple, is pinning its hopes on the S3 to further erode its rivals' market share before the expected new version of Apple's iPhone 5 this year.

In a rare victory for the Korean firm, a Dutch court last week ruled in favour of Samsung and ordered the US giant to pay unspecified damages for patent infringement.

Read more on:    samsung  |  south korea  |  mobile
NEXT ON NEWS24X
SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
9 comments
Add your comment
Comment 0 characters remaining
 

Inside News24

 
/Wine
Traffic & Train Alerts
Traffic
Goodwood 09:44 AM
Road name: N7 Vanguard Drive Southbound

DELAYS approaching Voortrekker Road

Big Bay 09:31 AM
Road name: Otto Du Plessis Drive

ROADWORKS - off-peak stop / go controls between Big Bay and Melkbosstrand

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Magical Massinga

Spend 5 nights at the gorgeous Massinga Beach Lodge in Mozambique and only pay for 4 from R13 220 per person sharing. Includes return flights, accommodation, transfers and romantic turndown. Book now!

Kalahari.com - shop online today

Up to 60% off - clearance sale!

Save up to 60% on appliances, books, electronics, toys, movies and more. Offer valid while stocks last. Shop now!

Deal of the Week!

Get bestselling John Green novels now just R99 each! Hurry and get yours while stocks last. Shop here.

Mind blowing deals on beauty & fragrances

Save up to 30% off beauty and fragrances. Offer valid while stocks last. Shop now!

Up to 50% off hair care products!

Save up to 50% on professional hair care products at kalahari.com. Offer valid while stocks last. Shop now!

30% off academic books

Score a mind blowing 30% off academic books! Offer valid while stocks last. Shop now!

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Horoscopes
Aquarius
Aquarius

It is the end of the month and there may be a strong focus on organising finances. You may have found a need to reconstruct or...read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.