Saturday, January 07, 2012

HTC's Decline Is Samsung's Gain - NYTimes.com

More smartphone market dynamics

Samsung Electronics on Friday posted record fourth-quarter profits, citing high sales of its Android devices, while HTC, another major Android player, reported a drop in profits, its first decline in two years.

Samsung, based in Seoul, South Korea, said its profits increased 73 percent compared to 2010’s fourth quarter. It cited record-breaking sales of its smartphones, as well as the sale of its hard drive business to Seagate.

HTC's Decline Is Samsung's Gain - NYTimes.com

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