While LG’s mobile division is losing money, Samsung has announced that its Mobile Communications Business reported an operating profit of 630 billion won ($532.98 million) for the second quarter of 2010.
Samsung sold 63.8 million phones during the quarter – a 22% increase compared to Q2 2009. 30% of the handsets sold were touchscreen-enabled: this means about 19 million Samsung touchscreen phones were shipped worldwide during the quarter.
For Q3 2010, Samsung plans to further increase its smartphone / touchscreen phone market share. The Galaxy S (running Android) and the Wave (running Bada) series have both been successful until now and they’ll surely help Samsung make a lot of money.
Both the Wave S8500 and the Galaxy S are already available in lots of important markets around the world. The Galaxy S is bound to be a major hit especially in the US, where all four major carriers (Verizon, AT&T, Sprint and T-Mobile) are carrying different versions of it.
Samsung says that it will soon introduce “a range of mid-end smartphones as part of its strategy to provide mobile devices for every lifestyle” – it didn’t unveil more specific details, though, but it’s clear that Nokia (whose Q2 2010 results aren’t that great) is currently looking over its shoulder and probably silently whispers: OMG, they’re coming for us.
Via Press release
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