Samsung’s (005930) rise to the top of the cell phone industry in terms of shipment volume happened in the blink of an eye. And now that the South Korean company wears the crown, it seemingly has no intentions of slowing down. In a new report from Digitimes on Wednesday, the site points to data obtained from unnamed supply chain sources in stating that Samsung hopes to ship 500 million cell phones this year. The monstrous figure would represent huge growth over 2012, when Samsung shipped an estimated 396.5 million mobile phones according to market research firm Strategy Analytics. Desirable new handsets like the Galaxy S4 will undoubtedly help Samsung on its journey in 2013, but 500 million will still be a long way off once Galaxy S4 shipments are tallied at the end of the year.
Samsung reportedly sets lofty goal for 2013: Ship 500 million cell phones
Published Apr 3rd, 2013 7:50AM EDT
Image: Nan Palmero, Flickr
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Zach Epstein has been the Executive Editor at BGR for more than 15 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content. Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment.
His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.
