South Korean electronics giant Samsung has high hopes that their sales of the Galaxy S III will surpass the 10 million units sold by next month. Samsung expressed optimism, even as the company is struggling to keep up with the high demand, due to shortage of components.
Samsung president for mobile communications business, Shin Jong-Kyun, was positive that Samsung’s flagship smartphone, the Galaxy S III, will be able to hit the milestone, but also said that it has been tough to keep up with the high demand.
Samsung’s problem to get the necessary components for the Galaxy S III has raised concerns, regarding smartphone sales during the second quarter of the year. Some are even expecting that sales for this quarter could be much lower, due to the component problem.
Shin added, “Despite the tough economic situation in Europe and problems with supplying components for the Galaxy S III, the second-quarter earnings will be better than the first quarter.”
The Galaxy S III went on sale in Europe last month, while the smartphone was released in the US just last week.
Samsung says that the S III will be released by nearly 300 mobile carriers around the globe by July.
South Korean electronics mogul Samsung Electronics Co. announced last Monday that their flagship smartphone, the Galaxy S III, will be available in the United States through 5 wireless carriers.
AT%T Inc., T-Mobile USA, Verizon Wireless, Sprint Nextel Corp. and US Cellular, a regional carrier, will be giving their subscribers the ability to own the Galaxy S III, which is touted to be an “iPhone killer”.
Two companies will start selling the smartphone on the 21st of June. These two are T-Mobile and Sprint. The latter’s version comes with a 16GB memory and will cost the buyer $200 on a two year contract.
The other telco’s haven’t publicized their planned released dates, but Samsung said that these 3 will be announcing it anytime soon.
The carriers will be selling the Galaxy S III with different specs. It is reported that different telco’s will have a model adapted to their network.
The Galaxy S III runs on Android’s software and has the latest Ice Cream Sandwich or Android 4.0 preloaded on it. It is good to note that the S III is lighter and thinner than the iPhone.
The S III is already sold in many countries. It went on sale in Middle East and Europe last week.
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