Samsung’s recent success in the smartphone market with devices like the Galaxy S II, the Galaxy S III, and the Galaxy Note family have helped the company grab market share by the bucketload, and with that comes heaps of cash.
The Korean electronic giant now has almost $40 billion in cash and cash reserves, which, after taking away its debt, equals 31.2 trillion won ($28.5 billion) in cash stockpiled for a rainy day.
If you’re disappointed that your HTC One didn’t come with a microSD card slot, then you’re going to be extremely jealous of users in China. Not only will the device have a removable back cover and a microSD card slot when it launches there, but it’s also have two SIM card slots as well.
Samsung smartphones outsold those from rivals Apple, Nokia, and Lenovo in China throughout 2012, allowing the Korean company to claim the biggest share of the Chinese smartphone market, according to the latest report from Strategy Analytics.
Nokia had claimed the top spot in 2011, but the Finnish firm has struggled to compete with Samsung’s Galaxy devices this time around, and couldn’t even make its way into the top five.
ZTE is said to be planning a new 5.7-inch Android phablet that will make its debut on China Mobile, the world’s largest mobile phone operator, either later on the the first quarter or early in the second quarter of 2012. It’s codenamed the P945, and its internal specifications look to be impressive — though you may be a little disappointed with its display.
Android’s market share continues to grow throughout the world, but one country where Google’s platform is having its biggest impact is in China. It’s now the largest single Android market in the world, with one third of all Android devices sold there during 2012. The iPhone, on the other hand, is struggling there.