Samsung post Chinese revenue growth

By: 
Staff Writer
Published: 
April 7, 2011
News Photo
Image: geeky-gadgets.com
BEIJING, China

Samsung Electronics Co, South Korea's largest electronics company, announced yesterday that its sales revenue from the Chinese market reached $39.6 billion last year, accounting for 29% of the company's global sales volume.

Samsung also stated in the same report that it will focus on smartphones, tablet PCs and 3D televisions in the Chinese market over the coming year.

Wang Jiping, senior analyst from electronics research firm IDC, said that he expects the total number of smartphone shipments to China to increase to 62 million units this year, up from 36 million units in 2010, and sales of tablet PCs to reach 4.3 million units. Despite the promising potential market for Samsung, he also stated that it is "too soon to predict market positions" for individual firms.

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