Broken down by country, Samsung sold 500,000 units in Europe, 350,000 in North America and 330,000 in Asia.
Unlike its South Korean rival LG Electronics Inc. (London: LGLD; Korea: 6657.KS) , which struggled in the fourth quarter, Samsung reported a record-breaking fourth quarter. Owing to its success in smart phones, it grew its total revenue to $139 billion, net income to $14.5 billion and operating profit to $15.5 billion. All three were records for the company. (See Samsung Reports Q4.)
The vendor also shipped a record 280 million devices in the quarter, up 23 percent from the year prior. It reaffirmed that a refresh to the Samsung Galaxy smart phone sporting a super AMOLED Plus screen and running a dual-core processor is coming in the first half of the year. (See Samsung's US Galaxy Quest and Samsung Gets Epic With WiMax Smarty for Sprint.)
— Sarah Reedy, Senior Reporter, Light Reading Mobile