Bloomberg News

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

July 26, 2012

Samsung Electronics Co. (005930) topped Nokia Oyj (NOK1V) 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. (AAPL:US), 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. (000063) was fourth with 4.6 percent.

To contact the reporter on this story: Jun Yang in Seoul at jyang180@bloomberg.net

To contact the editor responsible for this story: Michael Tighe at mtighe4@bloomberg.net


Race, Class, and the Future of Ferguson
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

Companies Mentioned

  • AAPL
    (Apple Inc)
    • $102.13 USD
    • 1.24
    • 1.22%
Market data is delayed at least 15 minutes.
 
blog comments powered by Disqus