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Samsung sold more than 300M phones in 2011

Samsung has sold out over 300 million phones in this  current year, a first for the company’s history, the company stated on Sunday.

Samsung has obtained a title of the top smartphone manufacturer in the world in late October. Earlier the Apple crowned the title for a single quarter in this year. Before that, it was Nokia to occupy the title. Samsung shipped 27.8 million smartphones in the third quarter alone, accounting for 23.8 percent of the smartphone market. The company has sold a great number of  “dumb” phones as well.  Shin Jong-Kyun, President of Samsung Mobile, reported,

We are incredibly proud of this record-breaking sales milestone and have exceeded the annual target announced early this year, which is testament to the enduring appeal of Samsung phones with consumers around the world.

The firm sold about 280 million phones last year. The launch of the much expected, popular Galaxy S II line would be the reason for crowning the title. By September, the Galaxy S II line had shipped more than 10 million units around the world.

Next up for Samsung in the U.S. is the launch of the hyped Galaxy Nexus, which has a 4.65-inch screen and blazing 4G data speeds but still has not been given a release date. The phone was supposedly delayed because Verizon wanted Google Wallet software removed before the launch. Google, Samsung and Verizon’s last official comment about the release date said the phone would launch before the end of the year.

Source: venturebeat

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