Telecommunications Industry News
Nokia, Motorola, and Sony Ericsson Increase Standings in Handset Market
6:30 am on January 29, 2007 | Category: Business, Mobile Devices, Cell Phones
The world’s largest cell phone manufacturer, Nokia, increased its global market share during the fourth quarter, as did Motorola, while Samsung and LG slipped behind, according to a researcher with Strategy Analytics.
As of December 31, Nokia held 35.2% of the global handset market, compared to 34.1% a year previous. U.S.-based Motorola, meanwhile, saw its market share rise from 18.2% to 21.9% in the same time period.
Strategy Analytics described Sony Ericsson as the “star performer” in the the final months of 2006 due to “a combination of attractive models and cool sub-brands,” including the popular Walkman music phone. The joint venture’s sales increased by 64% in the fourth quarter, giving it an 8.7% share of the global handset market, compared to just 6.6% a year ago.
Related Articles:
- Motorola and Samsung Boost Global First Quarter Cell Phone Market
- Nokia Shares Surge 12% on Strong Fourth-Quarter Results
- Nokia Captures 39% of Global Cell Phone Market; Profits Surge
- Motorola Reports Impressive Profits, but Investors Not Satisfied
- Motorola and Nokia Increase Market Dominance
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Published by TeleClick Enterprises
Edited by Jeremy Maddock
