Samsung expects Galaxy S III sales to top 10 million during July
SEOUL (Reuters) - Samsung Electronics Co, the world's biggest smartphone maker, expects cumulative sales of its latest smartphone Galaxy S III to top 10 million units during July, JK Shin, head of its telecommunications business, said on Monday.
Samsung launched its Galaxy S III, the strongest rival for Apple's iPhone, on May 29 in Europe, and is now expanding global roll-outs.
(Reporting by Miyoung Kim; Editing by John Mair)
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DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.