Apr

25

Samsung pushes its market share to 16%

Posted by cellphones

April 25, 2008 |

 sliq.jpg

Samsung Electronics Co. Ltd. shipped over 46 million phones in Q1 to solidify itself as the world’s second best mobile phone manufacturer. The 33% increase in sales over Q1 2007, has pushed its market share to 16%.

All this while Motorola tumbled to a 9.4% share in the No. 3 spot. Motorola has yet to come up with an encore to its original RAZR and has just announced that losses have reached a shocking $194m as sales fell to a 4 year low. Now consider that the industry is expected to have at least  14% growth and the fact that LG is looking at solid gains and is now at 8.6% share and Motorola might want to start making large screen devices and realize the thin phone fad is over…..so really really over.


Comments

Name (required)

Email (required)

Website

Speak your mind

<< Post Navigation >>

« « Sony Ericsson market share slipping | Bluetooth headset for both mobile phone and iPod » »