Samsung Seeks Double-Digit Sales Growth
SEOUL, South Korea (
) -
Samsung Electronics
, one of the world's top technology companies, is aiming for double-digit sales growth in 2010.
Samsung, the world's biggest maker of flat screen TVs and No. 2 in mobile phone sales, told shareholders Friday that its "financial standing is on a global level. We have become a world class company," the
Associated Press
reports.
Samsung said its sales would benefit from continued growth in the global economy.
"We hope to see a two-digit growth compared to year 2009" sales, said Samsung President and CEO Choi Gee-sung, referring to percentage change,
AP
reports.
Samsung had record sales of 136.29 trillion won, or $120.48 billion at current exchange rates, in 2009 on a consolidated basis,
AP
reports.
-- Written by Joseph Woelfel in New York.
Follow TheStreet.com on
and become a fan on
