Samsung sold 300 millions handsets in 2011

Samsung Electronics Co. Ltd said on Sunday its annual mobile handset sales this year had exceeded 300 million units for the first time in the company's history.

The world's second largest handset maker by volume said in a statement it had broken its sales record by the end of last month.

Handset sales in 2010 were about 280 million.

"We look forward to extending this success going into 2012," JK Shin, President and Head of Samsung's Mobile Communications Business, was quoted as saying.

Samsung said the company's flagship Galaxy S smartphone series - Galaxy S and Galaxy S II - contributed significantly to the results.

The GALAXY S II, launched in April, set a new sales record for Samsung, generating 10 million-unit sales.

The Future:

Next up for Samsung in the U.S. is the launch of the hyped Galaxy Nexus, which has a 4.65-inch screen and blazing 4G data speeds but still has not been given a release date. The phone was supposedly delayed because Verizon wanted Google Wallet software removed before the launch. Google, Samsung and Verizon’s last official comment about the release date said the phone would launch before the end of the year.

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