How Immersion Corporation's Partners Are Performing

Paolo Gorgo submits: As some of Immersion (IMMR) Corporation's partners already reported their financials, it may be interesting to look at what they said about year-end sales of the products that incorporate Immersion's technology and forecasted trends going forward. Samsung's (SSNLF.PK) performance in the fourth quarter continued to be driven by strong sales of its cutting-edge smart phones. In general, Samsung's mobile device sales reached 80.7 million units in Q4, up 17 percent year-on-year. Total sales for the year were 280 million units, or a 23 percent growth compared to the previous year.(Click all to enlarge)The company's forecast for 2011 is even more interesting, from Immersion's point of view (emphasis added):With its growing lineup, the company is targeting smartphone sales of 60 million units for the year, double that of 2010. In the tablet market, Samsung will complement its Galaxy Tab with a range of devices to optimally meet various user needs. From the data reported, it also seems that the Samsung Tablet enjoyed a very strong Christmas season, with sales in December alone reaching 1 million units, for a total of 2 million in three months. As always, it is worth remembering that Immersion will benefit from its partners' seasonal strong Q4 in its successive quarter, which is, for this reason, traditionally the company's strongest one. According to South Korea's largest mobile carrier, SK Telecom Co. (SKM), Samsung will also release a smart phone that can also serve as a set-top box, playing content on personal computers, tablet PCsComplete Story »


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