Korean consumer electronics giant, Samsung is targeting to capture 60 percent of the mobile smartphone market in the country by year end, a spokesperson from Samsung stated. 

Presently, Samsung’s market share in the mobile smartphone market is over 40 percent. 

It is worth noticing that Samsung has recently introduced three new Android powered dual-SIM handsets in India, dubbed as Galaxy Ace Duos (SCH-i589), Galaxy Y Pro Duos (GT B5512) and Galaxy Y Duos (GT-S6102).

Ranjit Yadav, Samsung India's country head (mobile & IT) has stated, these devices combine the effectiveness of all smartphone features and give consumers an opportunity to maintain their work life balance. 

He further added, mobile phone business is contributing more than 50 percent of Samsung’s annual revenue in the country. 

To the reader’s surprise, Samsung had earned revenue of about Rs 20,000 crore, last year, trusted sources informed our team. 

Latest stats revealed, the mobile smartphone segment in India is growing at a whopping pace of 220 percent.