On Air Now

Listen

Listen Live Now » 101.9 FM Sioux Falls, SD

Weather

Current Conditions(Sioux Falls,SD 57104)

More Weather »
75° Feels Like: 75°
Wind: S 9 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Isolated Thunderstorms 61°

Tomorrow

AM Thunderstorms/Wind 84°

Wed Night

Partly Cloudy 72°

Alerts

Samsung Elec forecasts bullish high-end smartphone market

A Samsung employee holds a mobile phone at a Samsung display store in Johannesburg, October 3, 2013. REUTERS/Siphiwe Sibeko
A Samsung employee holds a mobile phone at a Samsung display store in Johannesburg, October 3, 2013. REUTERS/Siphiwe Sibeko

SEOUL (Reuters) - Samsung Electronics Co believes the high-end smartphone market may grow stronger than expectations, defying concerns that growth in the upper-end of the market will taper off sharply due to near saturation in many advanced countries.

Samsung did not specify on its upbeat forecast, which was made in materials for presentation by J.K. Shin, head of its mobile business, later in the day to analysts.

(Reporting by Miyoung Kim; Editing by Michael Perry)

Comments