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Samsung Set On Doubling Smartphone Market Share

Samsung has announced its aim of doubling its share of the smartphone market.

According to the report on Business Week, Samsung plans to increase its share in the smartphone market by 10 per cent in the fourth quarter of 2010, using its new Galaxy S smartphone device and its variants.

The company intends to flood the US market with Galaxy S units, aiming to sell three times more of the handset than it did its last smartphone, the Samsung Captivate.

The Galaxy S is an Android smartphone based on Samsung's 1GHz Hummingbird processor. It incorporates a detailed 4in touchscreen display, e-book reader, five-megapixel camera and 720p high-definition video recording and playback capabilities.

"About 110 mobile operators around the world will offer the phone." said Lee Sun Tae, a senior analyst at Meritz Securities in Seoul, where the South Korean firm is based.