Samsung is no doubt a mobile powerhouse, the latest IDC quarterly update gives us a look into just how much of a powerhouse the Korean manufacturer is. 30.3% of total smartphone market share is controlled by Samsung, which is about 85 million units, in Q1 2014.
All "other" smartphones account for 40.5% of the market share, but these are hardly the bigger players that pose a threat to Samsung's current market dominance.
IDC predicts that smartphone shipments will reach 1.2 billion units, total, for 2014; a 200 million increase from last year. This is due to growth in the smartphone market and the constant spread of new models entering the market, especially low-range handsets.
Samsung released its first Quarter earnings report of this year (Q1,2014). In line with the earnings guidance from earlier this month, the Korean giant posted a net profit of 8.5 trillion won which is about $8.2 billion from total revenue of 53.68 trillion won about $51.8 billion of revenue in the last three months.
The company's net profit took a 3% dip compared to the same period last year. Samsung attributed the second straight fall of quarterly profit to a weakness in the market for flat-screen panels and maturing high-end smartphone segment.
Samsung already released the first Promo Video of the Samsung Galaxy K zoom that was just announced today, the device combines between a Smartphone with a Galaxy S5 design and a professional point to shoot 20.7 MP camera with 10x optical zoom and OIS, which puts the phone to the top of the Market on Smartphone Photography corner.
The device coming Next Month to the markets with a $599 price tag (estimated). Check the Video below!
Samsung has just Officially announced the Samsung Galaxy K zoom Cameraphone, which looks exactly like the Galaxy S5 but with smaller screen and some other changes in the design. The Galaxy K zoom combines a regular smartphone functions with the hardware of a professional camera.
On the camera-side, the Galaxy K zoom has a 20.7 Megapixel 1/2.3 BSI CMOS sensor and a 10x optixal zoom, 24-240mm F3.1-6.3 zoom lens with optical image stabilization (OIS). The phone has a xenon flash with an LED autofocus assist. On the front is a relatively humble 2 megapixel camera.
On the smartphone side, the Galaxy K zoom has a 4.8-inch, 1280x720 resolution Super AMOLED display, Exynos 5 Hexa (Hexa-core) SoC with Siz CPU cores comprising of four 1.3GHz ARM Cortex A7 and two 1.7GHz ARM Cortex A15, along with a Mali-T624 GPU, 2GB RAM, 8GB internal memory with microSD support up to 64GB, LTE, Bluetooth 4.0, Wi-Fi 802.11 a/b/g/n, NFC, 2,430mAh battery and Android 4.4 KitKat.
The Galaxy K zoom will be available starting next Month (May,2014) in three colors Black, White & Blue with an estimated price tag of $599.
It's Official, Samsung has just posted #TheNextGalaxy teaser of the Galaxy K on Instagram, the device is supposed to be the camera version of the Galaxy S5. We already saw the Galaxy K live photos that was leaked few days ago. The device will pack a 20MP camera with 10x optical zoom with Xenon flash.
The Instagram video that depicts the Red Dot Design Museum where Samsung's event is scheduled to take place. During the video, the viewer is zoomed into and out of the front of the Red Dot Design Museum. Samsung also mentions in the caption that we will meet #TheNextGalaxy on April 29th (Tomorrow). We will cover the whole event, Stay tuned!