MILESTONE: Samsung Electronics Co. says it expects global sales of the latest Galaxy smartphone to surpass 10 million in July even as it struggles to keep up with demand because of component shortages.

ABOUT THE DEVICE: The third version of the Galaxy S features a bigger screen, but is thinner and lighter than its predecessors and the iPhone 4S.

ROLLOUT: Samsung began sales of the Galaxy S III in Europe on May 29 and released the smartphone in the U.S. last week. In Korea, the company started sales of the latest iteration of Galaxy on Monday.