Samsung passes Nokia to become world's largest handset maker

News Wireless Global 27 APR 2012
Samsung passes Nokia to become world's largest handset maker
Samsung passed Nokia to become the world's biggest mobile phone maker in the first quarter, according to Strategy Analytics. The market researcher estimates that Samsung sold 93.5 million handsets, versus a reported 82.7 million at Nokia. Samsung took a record 25.4 percent of the market, up from 19.3 percent a year ago. Nokia fell to 22.5 percent from 30.4 percent in the year-earlier period, ending its 14-year reign as the world's biggest handset vendor. Samsung was also the top smartphone seller in the quarter, passing Apple to reach a 31 percent market share. Samsung's smartphone sales rose an estimated 253 percent annually to 44.5 million, while Apple's shipments of 31.5 million accounted for a market share of 24 percent. On the total phone market, Apple had a share of 9.5 percent, up from 5.2 a year ago. Strategy Analytics estimates the total mobile phone market expanded 3 percent year-on-year to 368 million units in Q1. This was led by a 41 percent increase in global smartphone shipments to an estimated 145 million units in the first quarter of 2012.

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