Monday, July 30, 2012

Mobile phone market growth slows

Global mobile phone shipments grew a modest one per cent annually to reach 362 million units in the second quarter of 2012, according to Strategy Analytics.
Growth was led by the smartphone segment, which rose by 32 per cent annually to 146 million units. However, it was the slowest growth rate in almost three years. Samsung led the total market, shipping an estimated 93 million phones for a 25.7 per cent market share, while also taking the lead in smartphones, with a 34.6 per cent share or 50.5 million phones sold.
Nokia was in second in the overall market, with its share down to 23.1 per cent from 24.7 per cent a year earlier. Apple came third in the overall market, with a share of 7.2 per cent, and ranked second in smartphones, with 17.8 per cent of the market.
Nokia's smartphone share more than halved to seven per cent from 15.1 per cent a year ago.
Similarly, ZTE and LG completed the top five in the overall market, with market shares of respectively 4.6 per cent and 3.6 per cent, both down from a year earlier.

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