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Korean Giants Struggle to Crack Smartphone Market
Posted: 11-Nov-2010 [Source: NYT]

[Samsung and LG continue to struggle in the global smartphone market acknowledging that the sheer scope of the smartphone explosion caught them off guard.]

By Jonathan Hopfner, Seoul (NYT) -- "But despite the achievements, in recent years a crack has appeared in the success stories of Korea’s powerhouses. As the Internet-enabled, application-rich mobile handsets known as smartphones take the world by storm, the South Korean giants have remained largely on the sidelines. Samsung accounts for one-fifth of the global mobile phone market but less than 5 percent of the smartphone segment and LG even less."

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