Samsung Galaxy S III smartphone sales pass 30M
SEOUL — Samsung says it has sold more than 30 million flagship Galaxy S III smartphones in about five months, making it one of the fastest selling smartphones in the world.
Samsung Electronics Co. launched the smartphone at the end of May, months before competitors began shipping the latest versions of their top phones.
The runaway demand for high-end smartphones fueled record profits at Samsung in recent quarters while other consumer electronics firms were hit by the global economic downturn.
Samsung, which also makes TVs, home appliances, semiconductors and display panels, got almost 70 percent of its third-quarter operating profit from the division that makes mobile devices, cameras and computers.
Research firm IDC ranks the South Korean firm as the world’s top smartphone seller in the last three quarters.
Recent Stories:North Korea releases detained Chinese fishermen—Xinhua 9 mins elapsed No new H7N9 cases in China for a week—government 13 mins elapsed Asia shares down ahead of Bernanke testimony 20 mins elapsed 51 dead as massive tornado roars through US suburb 28 mins elapsed 6 soldiers hurt in land mine blast on Mindanao highway 35 mins elapsed US stocks dip despite M&A activity 3 hours elapsed Gay man’s killing in NYC leads to police increase 4 hours elapsed Asia-Pacific leaders warn of water conflict threat 5 hours elapsed