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Mobile & Wireless

Mobile phone market growth slows to 1% in Q2

Monday 30 July 2012 | 07:55 CET | News
Global mobile phone shipments grew a modest 1 percent annually to reach 362 million units in the second quarter of 2012, according to Strategy Analytics. Growth was led by the smartphone segment, which rose 32 percent annually to 146 million units. However, this was the slowest growth rate in almost three years. Samsung led the total market, shipping an estimated 93.0 million phones for a 25.7 percent market share, while also taking the lead in smartphones, with a 34.6 percent share or 50.5 million phones sold. Nokia was in second in the overall market, with its share down to 23.1 percent from 24.7 percent a year earlier. Apple came third in the overall market, with a share of 7.2 percent, and ranked second in smartphones, with 17.8 percent of the market. Nokia's smartphone share more than halved to 7.0 percent from 15.1 a year ago. ZTE and LG completed the top five in the overall market, with market shares of respectively 4.6 percent and 3.6 percent, both down from a year earlier.

Categories: Mobile & Wireless
Companies: Apple / LG / Nokia / Samsung / ZTE
Countries: World
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