Samsung Electronics Co, the world's No.2 handset maker, will focus more on improving profits than boosting handset volume shipments, its chief executive Choi Gee-sung told Reuters on Tuesday.
"What's the point of selling $20 phones? Our sales revenue already topped (that of Nokia) last year. Profits are also higher," Choi told Reuters in the company's booth at the annual Consumer Electronics Show in Las Vegas.
Samsung stops reporting phone sales data
"Competition will come from elsewhere. There are others who make more profits than us. Our target should move on to this," Choi said. A day earlier, Choi told reporters that Samsung was confident it would become the world's largest cellphone maker this year, ending Nokia's
Published Date: Jan 11, 2012 03:57 pm | Updated Date: Jan 11, 2012 03:57 pm