Samsung Grabs 53% Share of Korean Phone Market

      January 05, 2012 11:47

      Samsung Electronics sold more than 13 million mobile phones in Korea in 2011, accounting for a 53-percent share of the market. That means every other mobile phone user in the country has a Samsung handset.

      Samsung's dominance was bolstered by sales of the 4G LTE smartphone Galaxy Note. Sales totaled 250,000 units in the first month since its launch. According to the company, mobile phone sales in Korea reached 25 million units last year, up 4 percent from 2010.

      The Galaxy Note, which was released in late November, became the first LTE phone in Korea to rack up more than 10,000 subscribers in one day and was the hottest-selling product in the category. Samsung sold 400,000 Galaxy S2 and 650,000 Galaxy S2 HD LTE smartphones by the end of December. The former was unveiled in September and the latter in October.

      Its LTE phone sales totaled 300,000 units, or 60 percent of the market here in the category.

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