Samsung sold 90 million smartphones in Q4 2016

Phone
By 

Last updated: January 26th, 2017 at 17:19 UTC+01:00

Samsung released its full earnings report for the fourth quarter of 2016 yesterday. The report shows that despite the Galaxy Note 7’s failure, the company was able to absorb the impact thanks to robust component sales and continued sales momentum of the Galaxy S7 and the Galaxy S7 edge. Samsung has now provided some figures which reveal just how many units it sold in the last quarter of 2016.

A Samsung executive revealed during a conference call with investors and journalists that the company had sold 90 million smartphones in the quarter ending December 2016 aside from 8 million tablets. The executive predicted that sales of smartphones and 2G phones will likely increase in the first quarter of this year while decreased demand will cause a drop in tablet sales. It was also said that smartphone sales will reach the high 80-percent range in the first three months of this year.

The executive also reiterated Samsung’s smartphone strategy for 2017 in the conference call which involves bringing features like water/dust resistance and fingerprint sensors to low-end and mid-range devices.

Via Phone Samsung Electronics
Load comments

Related News

Samsung’s TM Roh outlines strategy to get around global chip sho …

  • By Anil G.
  • 1 min ago

Samsung merges consumer electronics and mobile divisions, announces ot …

  • By Asif S.
  • 4 hours ago

Samsung was the most innovative tech company of 2021 patent-wise

  • By Mihai M.
  • 19 hours ago

Apple could overtake Samsung as world’s biggest smartphone brand

  • By Asif S.
  • 4 days ago

Where are Samsung phones made? It’s not where you think

  • By Adnan F.
  • 6 days ago

Samsung CEO and President Joe Biden discuss holiday shopping at the Wh …

  • By Mihai M.
  • 6 days ago

Samsung has a battleplan to improve its smartphone market share in 202 …

  • By Mihai M.
  • 7 days ago

Samsung could launch smaller, more affordable MicroLED TVs next year u …

  • By Asif S.
  • 1 week ago