Samsung, HTC Make Gains on Apple in Booming Smartphone Field
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Samsung Electronics Co. and HTC Corp. led the smartphone industry in sales growth last quarter, underscoring the rise of Google Inc.’s Android operating system as a leading challenger to Apple Inc.’s iPhone.
Samsung’s global sales rose more than fourfold to 10.8 million units, while HTC more than tripled to 8.9 million units, making them the fourth- and fifth-biggest sellers of smartphones, according to research firm IDC Corp. The overall market grew 80 percent to 99.6 million, IDC said.