Samsung Electronics Co., Ltd. (005930): Galaxy S5 outperforms S4 for opening weekend sales

Posted Apr 14, 2014

Samsung Electronics Co., Ltd. (KRX:005930) has reported that it had a successful opening weekend for the Galaxy S5, but the company did not provide any specific numbers. The S5 launched globally on April 11th in over 100 countries. Samsung Electronics said that the S5 sold better than last year’s S4 opening weekend. Samsung said that there was a high demand for the S5 in countries like India, Saudi Arabia, and France. It is especially popular in the Middle East because it is resistant to sand and dust damage.