[Samsung projects handset sales to increase 5 percent next year to 435 million units as global demand increases for handsets with color displays.]

Seoul -- "Samsung Electronics Co., the world's third-largest cell-phone maker, said it reached its annual domestic sales target of 8 million units in November.

The company said it will ``easily'' reach its 2002 worldwide sales target of 41 million phones, according to a statement to the Korea Stock Exchange."

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