Sales of Samsung Electronics’ new flagship Galaxy S5 smartphone are outpacing that of its predecessor, the company’s co-chief executive said, suggesting it may be regaining momentum in the multi-billion-dollar sector.
Nokia Corp. says it continued to be hit by fierce competition in the first-quarter with a 30 percent fall in sales of mobile devices, the troubled unit it sold to Microsoft last week.
Tablet computer sales soared last year with Android-powered devices dethroning iPads atop a booming global market, according to figures released Monday by Gartner.
US tech giant Apple announced Sunday it had sold “more than two million” of the latest model of iPhone after the popular smartphone’s first weekend on the market in the Asian powerhouse.
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.