Some facts using Samasung's Q42010 earnings release: http://www.samsung.com/us/aboutsamsung/ir/ireventpresentations/earningsrelease/downloads/2010/20110128_conf

Some facts using Samasung's Q42010 earnings release: http://www.samsung.com/us/aboutsamsung/ir/ireventpresentations/earningsrelease/downloads/2010/20110128_conference_eng_2.pdf http://www.samsung.com/us/aboutsamsung/ir/ireventpresentatio... 1) In terms of their revenues, their telecom business is now bigger than their semiconductor business, though from a profit perspective the semiconductor business is about 30% bigger. 2) Year-on-Year growth is slightly higher in the telecom division. 3) Telecom division expects higher than market growth rate mostly fueled by smartphone sets. 4) Telecom has mainly seen very strong growth in their 'strategic' handset models - 40% growth over previous years. Their strategic models are all Android based (5 models in total). Their telecom division is relying on newer revs of these models to drive higher than market returns in 2011. My (very simplistic) reading of this: Apple needs to diversify away from Samsung and create more options (duh). If the Galaxy series turns out to do better than expected next year, it gives Samsung more leverage to raise prices / cut production quotas on Apple's chips.