Samsung pushes its market share to 16%


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… really really over.