Sunday, February 17, 2008

[ News, Economy / Industry, January 24 2008] Samsung becomes world's No. 2 handset maker

Samsung Electronics, Korea’s leading electronics giant, outperformed its closest rival Motorola Inc. in 2007 to become the world’s No. 2 maker of mobile handsets in terms of sales, according to data released by the two companies Thursday (Jan. 24).

Samsung Electronics reported that it sold 18.37 trillion won ($22.1 billion) worth of mobile handsets last year, up 22 percent from a year earlier. U.S.-based Motorola logged $19 billion in sales of handsets.

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