Samsung Galaxy 10.1 tablet debuts
Source: Agencies |
July 21, 2011, Thursday
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Print Edition
Print Edition
SOUTH Korea's Samsung Electronics Co launched a thinner and lighter version of its Galaxy tablet in its lucrative home market, trying to chip into blockbuster sales of Apple Inc's iPad.
The Galaxy Tab 10.1 inch is an upgraded version of the 7-inch introduced in October. Priced from US$500 onwards in the United States market, the same as the 9.7-inch iPad, it faces tough me-too competition from more than 100 devices, mostly running Google's Android operating system.
So far, Apple and Samsung have dominated the market as tablets, initially viewed as web entertainment gadgets for consumers, have caught the imagination across businesses such as luxury hotels, airlines and wedding planners.
Competing products including Research In Motion's PlayBook and Motorola's Xoom have received lukewarm reviews, while Hewlett Packard's TouchPad is a late entrant and Internet retailer Amazon.com Inc unveiled plans only last week to join the overcrowded market.
Shares in Samsung closed up 3.5 percent yesterday, boosting the market capitalization of Asia's most valuable technology company to about US$130 billion.
Apple sold 14 million iPads in the first half of this year, versus analysts' sales estimates of 7.5 million units for the Galaxy Tab over 2011.
"Samsung will have a tough second half due to growing competition from Apple as it is set to introduce a new iPhone," said James Song, an analyst at Daewoo Securities.
The Galaxy Tab 10.1 inch is an upgraded version of the 7-inch introduced in October. Priced from US$500 onwards in the United States market, the same as the 9.7-inch iPad, it faces tough me-too competition from more than 100 devices, mostly running Google's Android operating system.
So far, Apple and Samsung have dominated the market as tablets, initially viewed as web entertainment gadgets for consumers, have caught the imagination across businesses such as luxury hotels, airlines and wedding planners.
Competing products including Research In Motion's PlayBook and Motorola's Xoom have received lukewarm reviews, while Hewlett Packard's TouchPad is a late entrant and Internet retailer Amazon.com Inc unveiled plans only last week to join the overcrowded market.
Shares in Samsung closed up 3.5 percent yesterday, boosting the market capitalization of Asia's most valuable technology company to about US$130 billion.
Apple sold 14 million iPads in the first half of this year, versus analysts' sales estimates of 7.5 million units for the Galaxy Tab over 2011.
"Samsung will have a tough second half due to growing competition from Apple as it is set to introduce a new iPhone," said James Song, an analyst at Daewoo Securities.
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