Samsung’s (005930) rise to the top of the cell phone industry in terms of shipment volume happened in the blink of an eye. And now that the South Korean company wears the crown, it seemingly has no intentions of slowing down. In a new report from Digitimes on Wednesday, the site points to data obtained from unnamed supply chain sources in stating that Samsung hopes to ship 500 million cell phones this year. The monstrous figure would represent huge growth over 2012, when Samsung shipped an estimated 396.5 million mobile phones according to market research firm Strategy Analytics. Desirable new handsets like the Galaxy S4 will undoubtedly help Samsung on its journey in 2013, but 500 million will still be a long way off once Galaxy S4 shipments are tallied at the end of the year.
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