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Samsung handsets take large chunk of overseas markets
Posted: 26-Mar-2000 [Source: The Korea Herald]

[Samsung claims number 4 position internationally in the wireless handset industry.]

"The sale of Samsung Electronics' wireless handsets overseas is growing at a fast pace.

"The company sold about 1,500 sets in Kazakhstan in February, the first month they were introduced, according to Samsung Electronics. Sales are expected to go up to about 3,000 sets per month in the second half of the year, giving Samsung Electronics a 40 percent market share in the Central Asian nation.

"The company also enjoyed similar success in Venezuela, where it took 50 percent of the market for CDMA (code division multiple access) handsets. Its wireless handsets have taken 40 percent of the CDMA handset market in Mexico, where it has local production facility.

"In Israel where TDMA (time division multiple access) technology and analog service are predominant, the company took a 70 percent market share in the first year of its presence.

"The wireless handset export at Samsung Electronics is expected to post 16 million sets, a 61 percent jump over last year's figure.

"Information and technology (IT) research firm Dataquest said in its report last month that Samsung Electronics took the no. 4 spot last year among global wireless handset makers, having sold 17.69 million sets. (KHR)

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