
South Korea's tech players will be able to boost their smartphone sales this year as they concentrate more on moderately priced models while global demand is likely to grow to a new high, local analysts said Wednesday. "Samsung Electronics Co. is expected to sell 370 million units around the world in 2014," said Lee Seung-woo, an analyst at IBK Investment & Securities Co. "The number is above the 319 million units estimated a year earlier." Lee based the strong outlook on Samsung's strategy with inexpensive models when the market for high-end products is becoming saturated, with added complications from ongoing patent suits with its U.S. rival Apple Inc.
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