Thursday, July 26, 2012

(BN) Samsung Tops Nokia Again as World’s Biggest Mobile Phone Seller

July 27 (Bloomberg) -- Samsung Electronics Co. topped Nokia Oyj as the world's biggest seller of mobile phones for the second straight quarter, according to an industry study.

Samsung shipped 93 million phones in the three months ended June 30, a 26 percent increase from a year earlier, giving it 25.7 percent of the market, researcher Strategy Analytics said in an e-mailed statement today. Samsung ended Espoo, Finland- based Nokia's 14-year run as the global leader in the first quarter.

Asia's biggest consumer-electronics company also topped the $219 billion smartphone market, trumping Apple Inc., the researcher said in a separate statement today. The Suwon, South Korea-based company has introduced new Galaxy model devices and expanded in emerging markets to further its dominance in the handset market.

Nokia sold 83.7 million phones in the second quarter, down 5.4 percent, according to the statement. The Finnish company controlled 23.1 percent of the market. Cupertino, California- based Apple followed with 7.2 percent and Shenzhen, China-based ZTE Corp. was fourth with 4.6 percent.


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