Samsung is now the biggest phone maker

Posted on Monday, May 07 2012 @ 21:01 CEST by Thomas De Maesschalck
Marketshare data released by IDC reveals that sales of cell phones declined by 1.5 percent year-over-year in Q1 2012 to 398.4 million units, and that Samsung managed to beat Nokia and become the number one with a marketshare of 23.50 percent. Full details at X-bit Labs.
According to the International Data Corp., vendors shipped 398.4 million mobile phone units in Q1 2012 compared to 404.3 million units in the first quarter of 2011. Meanwhile, the worldwide smartphone market grew 42.5% year over year in Q1 2012. Vendors shipped 144.9 million smartphones in Q1 2012 compared to 101.7 million units in Q1 2011. The 42.5% year-over-year growth was 1% higher than IDC's forecast of 41.5% for the quarter, and lower than the 57.4% growth in the fourth quarter of 2011.


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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