Samsung Electronics Co., the world’s largest mobile-phone maker, said market speculation that it is interested in acquiring competitor Nokia Oyj (NOK1V) is groundless.
Samsung, based in Suwon, South Korea, made the comment today in an e-mailed statement. Shares of Espoo, Finland-based Nokia fell 0.7 percent to 2.35 euros at 11:27 a.m. Helsinki time, after jumping 6 percent on June 8 amid speculation Samsung is preparing an offer.
Nokia, struggling to recover lost market share, has declined 46 percent in the past year as consumers snapped up Apple Inc. (AAPL) iPhones and Samsung smartphones running on Google Inc.’s Android software. Samsung overtook Nokia in the first quarter as the world’s largest handset maker, according to Gartner Inc.
Samsung also denied it’s interested in Nokia a year ago, responding to reports that it was getting ready to make a bid.
To contact the reporters on this story: Saeromi Shin in Seoul at sshin15@bloomberg.net
To contact the editor responsible for this story: Kenneth Wong at kwong11@bloomberg.net
Samsung Galaxy S3: Next Galaxy is Worthy iPhone Rival, Say Analysts - ibtimes.co.uk
Like us on Facebook
"Considering the current market atmosphere, the company can expect to sell 30 million Galaxy S3s this year alone. The new release will keep Samsung atop in the global market until its next product. The sales number will be very high until then," said Kim Uoon-ho, an analyst at Hanwha Securities, according to an IBTimes UK report.
The Union Bank of Switzerland (UBS), meanwhile, suggests five to six million units of the Galaxy S3 will be shipped during the second quarter of this year and 10 - 12 million per quarter in the third and fourth of this year. BNP Paribas, stated shipments of the Galaxy S3 were expected to reach 15 million units in the third quarter; this is double the average sales of the Galaxy S2.
"The Galaxy S3 is being rolled out to all operators supporting all communication standards, including the TD-SCDMA and LTE. And given its large volume, Android application developers are focusing their resources on the Galaxy as the reference phone," said Peter Yu, an analyst at BNP Paribas.
The Galaxy S3 ranks as the UK's most popular smartphone and has replaced Apple's iPhone 4S, based on live searches and sales, according to uSwitch Tech's Mobile Tracker. uSwitch is a phone comparison and switching service in the UK and according to them the Galaxy S2 was on top of the list for 11 consecutive months before being replaced by the iPhone 4S in May. However, soon after the Galaxy S3 released in the UK, Samsung's new phone pushed the iPhone 4S to second, the Telegraph reports.
"Feeling surprisingly light to carry due to its brushed polycarbonate casing, especially considering the vast 4.8 Super AMOLED screen, the Samsung Galaxy S3 looks set to five the iPhone a serious run for its money," said Ernest Doku, technology expert at uSwitch.
Top ten handsets by web search in March, according to uSwitch:
No comments:
Post a Comment