Samsung: Galaxy S3 sales to surpass 30 million this year

From CNET News.com: Samsung believes its Galaxy S3 is on its way to more than 30 million in global sales by year's end, according to a report from the Yonhap News Agency.

Samsung's IT and mobile unit chief Shin Jong-kyun announced the forecast to reporters today at the company's offices in Seoul. This tidbit comes on the heels of news that Samsung sold 20 million Galaxy S3 phones in the 100 days since its debut in May.

Shin also touted Samsung's new Galaxy Note 2, which was on display at last month's IFA trade show. Sales of the 5.5-inch "phablet" should be more than double that of the original Galaxy Note's 10 million, Shin said. The new Note is slated to reach consumers next month.

Global smartphone shipments in general are expected to reach 567 million this year and almost double in 2016, according to NPD DisplaySearch. And at least some of this year's growth will be driven by Apple's new iPhone, likely to be unveiled today.

"Apple's iPhone 5 will be a key product for the smartphone market in [the second half of 2012]," NPD DisplaySearch analyst Hiroshi Hayase said in a statement. "Apple shipped more than 140 million phones in 2010 and 2011, so we can expect smartphone shipments to continue flourishing as users upgrade to the new iPhone."

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