That’s not in pounds by the way, we mean 35.86 Trillion Korean Won. If that sounds like a lot of money, that’s probably because it is. That’s somewhere in the region of £18.5 billion, which translated into around £2.1 Billion of profit which is an incredible amount of money. Oh yeah, just thought i’d mention, that’s just the profits for Q3 of 2009.

In the same quarter, Samsung’s revenue saw an increase of 18.5% while profit hiked an incredible 185.5% compared with the same period last year; which only goes to prove how dominant Samsung have become in recent months following success of handsets such as the Jet.

The total number of Samsung handsets sold in Q3 rose 15% compared with the last quarter, meaning that Samsung managed to shift some 60.2 million handsets world wide; which translates to a global market share of 20.8%

With a market share so high, you’d expect that Samsung would be the driving force in the market, however, you’d be wrong. As per the graph shown, Nokia is the clear and outright dominant manufacturer with 38% of the market, although you wouldn’t believe it with the somewhat disappointing handset line up of late. (Which Nokia have looked to rectify with the soon to be released N900; which we are dying to get our hands on)

It is the first time in it’s history that Samsung has experienced a market share of more than 20% and is well on track to achieve the yearly target of 200 million handsets sold, and its easy to understand why with handsets such as the Jet, Tocco Lite and Genio Touch (to name but a few) gracing the market. Samsung have no intention of letting up either, with alot more brilliant-looking handsets in the pipeline. Keep up the good work Samsung, next stop, market domination?

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