Wed, Jul 3, 2013 9:15 AM EDT 1:21
Samsung Galaxy S4 sales top 20 million units. The sales mark, if it's official, would mean that Samsung is selling Galaxy S4 units 1.7 times faster than its predecessor, the Galaxy S3. For a while now, we've heard about BlackBerry and Windows Phone vendors betting big on expanding their presence in emerging markets by releasing cheaper devices aimed at consumers who are buying smartphones for the first time. But as Business Insider's Jay Yarow points out, there's major obstacle standing in these platforms' paths: No-name Android vendors that are pumping out a flood of cheap phones that sell in the $100 range. Yarow points to new research from?Needham analyst Charlie Wolf showing that no-name Android vendors now account for roughly a quarter of all Android devices, or more than the combined Android market share of HTC, LG, Sony and Motorola. Wolf says that most of these no-name companies are "located in China" Samsung's falling stock price over the past month down over 14% ? was just the latest example of a smartphone maker to see its once high-flying shares tumble.