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Intel Corporation Message Board

  • amdrhinocerous amdrhinocerous Feb 14, 2011 12:42 AM Flag

    for marsavian;Samsung, LG shares jumped on new product releases


    marsavian:this board's einstein!

    * Samsung up 3.6 pct, LG Elec up 4.5 pct

    SEOUL, Feb 14 (Reuters) - Shares in Samsung Electronics
    (005930.KS) and LG Electronics Inc (066570.KS) rose more than 3
    percent on Monday following new mobile product launches and hopes for steady market share gains.

    Nokia (NOK1V.HE), the world's top handset maker, teamed up
    with Microsoft Corp (MSFT.O) on Friday, raising prospects that
    Apple APPL.O and vendors using Google Inc's (GOOG.O) Android
    system may gain further market share. [ID:nLDE71A0DG]

    "People had expected Nokia to fight back but the alliance
    won't be able to help Nokia rebound strongly. It will rather
    further consolidate the current trend of Android vendors gaining
    more market share," said Park Young-joo, an analyst at Woori
    Investment & Securities.

    By 0220 GMT, shares in Samsung, the world's No.2 handset
    maker, jumped 3.6 percent after a five-session losing streak, and
    LG, the world's No.3, climbed 4.5 percent.

    Samsung was also helped by the launch of its new smartphone
    and a tablet, both running on the Android platform, on

    "The new Galaxy Tab came out with a larger screen and better
    processing power than the previous one. It's probably the only
    tablet PC out there that can compete with Apple's (AAPL.O) iPad,"
    said Jeff Kang, an analyst at Daishin Securities.

    Android dethroned Nokia's Symbian as the global leader in
    smartphone software during the last quarter of 2010, ending a
    reign that began with the birth of the industry a decade ago.

    In 2010, Microsoft only had a 4.2 percent share of the global
    smartphone market, trailing Apple with 15.7 percent, Research in
    Motion with 16 percent and Android with 22.7 percent, according
    to research firm Gartner.

    "Nokia joining hands with Microsoft just proves how desperate
    it is now. It will take a bit of time for Nokia to unveil a
    product out of this alliance...Investors are increasingly viewing
    Samsung as the next one in line (to reign) over the handset
    realm," said Lee Jeong, an analyst at Eugene Investment &

    (Reporting by Miyoung Kim and Jungyoun Park; Editing by
    Jonathan Hopfner)

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    • what you don't understand marsavian is that that previous unit was underwhelming,had less features,another os version,...

      anyways we're getting a nice pop up the next 3 days and that's what matters,not your lack of a decent IQ!


    • meanwhile back in the real non-hype world ...

      Samsung Galaxy Tab sales 'quite small'

      'The Samsung Galaxy Tab, hyped by the consumer electronics maker and many others as the biggest competitor to Apple's iPad thus far, hasn't sold as many units as previously reported.

      Shortly after the start of the year, Samsung reported that it had sold 2 million Galaxy Tabs since the device's first arrived in stores in November.

      But that number, or the 1 million Samsung said it had sold as of December, wasn't accurate, the Wall Street Journal reported Monday.

      During Samsung's fourth-quarter earnings call Friday, Samsung executive Lee Young-hee said the numbers weren't actual sales, but rather, the number of tablets shipped to retailers worldwide, the Journal reported.

      Young-hee described the sales of the Galaxy Tab in the call as “quite small,” declining to reveal a specific number, the report said.

      The executive said Samsung was “quite optimistic” about the Galaxy Tab's sales this year, but he declined to make any predictions, adding, “As you know, the tablet is relatively new, and we need to see how the market develops before we give any firm numbers,” according to the Journal.'

37.44+0.26(+0.70%)Sep 28 4:00 PMEDT