Nokia Wins Market Share From Motorola With Popular Multimedia Devices

Authored by Jay Baage on August 3, 2007 - 3:30am.

Helsinki, Finland - Handset-maker Nokia has increased its dominant share of the global mobile phone market during the second quarter, while Motorola tumbled from second to third place.

Following Nokia's 37 percent market share, Samsung had 13.7 percent, Motorola had 13 percent, followed by Sony Ericsson with 9.1 percent and LG Electronics Inc. with 7 percent, according to the analyst firm IDC. Motorola was the only major vendor to ship fewer phones in the second quarter than it did for that period last year, dropping to 35.5 million units from 51.9 million units.

Nokia's strength came from good results in Europe and Asia, and rising demand for its N series and E series multimedia phones. The total sales from multimedia-related phones were around EUR 2.7 billion.

Related Links:
http://tinyurl.com/2jpgzm
http://www.nokia.com/2007/Q2/index.html