Customers holding their new Galaxy AO751 purchased android phone in Jakarta, July 23, 2011.
SEOUL (Reuters)-Samsung Electronics Co. beat Apple Inc. is the world's top smartphone maker in July-September period with a 44 percent jump in shipments, and forecast strong sales in the quarter which is currently in a clear warning to his rivals.
Samsung(005930. KS) entered the market only smartphone in earnest last year, but sales have skyrocketed thanks to the sleek production system that quickly bring new products to market. Apple (AAPL.O) introduce the first iPhone in 2007.
"In the handset division, Samsung has no real competitor model to challenging product except for iPhone 4S. Apple and Samsung will continue to dominate the market in the fourth quarter, "said Kim Hyun joong, fund managers in Midas Asset Management, which has a stake in Samsung.
Profit from the company's Telecommunications Division, South Korea announced on Friday, more than doubled from last year a record 2.5 trillion Won ($ 2.2 billion) and accounted for 60 per cent of Samsung's total profits, offsetting falls in income from memory chip bread-and-butter.