Samsung's annual sales volume in China jumps to over US$14 billion
China Daily/Asia News NetworkGUANGZHOU -- Samsung Electronics Co., Ltd., the world's largest mobile phone and television maker, said on Tuesday its sales volume in China hit US$14.3 billion in 2012, a jump of more than 50 percent year-on-year.
March 14, 2013, 12:00 am TWN
The South Korean company said that it is ready to expand its lead in the consumer electronics sector this year and that it will also boost its business-to-business units.
“Last year, we registered the best-ever performance as the world's largest consumer electronics maker, and China is becoming one of the most important markets for Samsung,” said Park Jae-chun, chief executive officer of Samsung Greater China.
In 2012, the company grabbed the top market shares in the mobile, display and flat-panel TV sectors in China, said Park.
Data from research company Strategy Analytics showed that — for the first time ever — Samsung topped China's smartphone market in 2012, with its sales nearly tripling year-on-year.