Samsung Electronics Co., building smartwatches and eyeglasses that can take phone calls, posted record third-quarter earnings on surging prices for memory chips and sales of cheaper Galaxy smartphones in emerging markets.
Samsung Electronics Co. set the price of its Galaxy Gear at $299 as the biggest maker of smartphones beats Apple Inc. in unveiling a wristwatch device that can make phone calls, surf the Web and take photos.
Mobile phones equipped with cameras will pass the 1 billion-unit shipment mark for the first time this year, with the highest resolution models rising the fastest, market research firm Strategy Analytics said.
Samsung Electronics Co., maker of the Galaxy mobile phone, may have surpassed Nokia Oyj and Apple Inc. in smartphone sales for the first time on demand for devices that run on Android software, a research company said.
Sony Corp. is betting its tablet computers will rival Apple Inc.’s iPad by luring buyers with music and movies, even as the Japanese company arrives more than a year late in the booming market for such devices.
As Nokia Oyj struggles to catch Apple Inc. and Samsung Electronics Co. in the market for smartphones costing $500 or more, it’s counting on a bare-bones handset that sells for just $20 to give it an edge.