Sunday, January 25, 2009

Year 2008 was a financially successful one for Samsung

Basically the past year was a very financially successful year for Samsung as it is one of the Top 3 phone manufacturers to announce their financial results, according to a source, Samsung the Korean company recorded 22% increase in their mobile handsets sales totaling approximately 200 million units shipped worldwide in 2008. This gives Samsung a market share of 15.8%, well ahead of LG, the third ranking company in the handsets selling's ranking, but of course, its way behind Nokia (about 460 million handsets shipped worldwide in 2008).


After seeing such a success in the market worldwide, company has set quite high targets for itself for the year 2009 reaching an estimate of 29%. Its quite a tough target for the company which seems impossible but have to be achieved as now the target has been set and target to be achieved, company's professionals have to work hard and may give the market such a beauty which may increase their annual selling and may allow the company to achieve its goal.

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