Samsung dethrones Nokia to become World’s Largest Handset Maker, according to Strategy Analytics
According to the research, from Strategy Analytics, global handset shipments grew a modest 3 percent annually to reach 368 million units in the first quarter of 2012.
Alex Spektor, Associate Director at Strategy Analytics, said, “As volumes contracted in key developed markets like Western Europe and North America, global handset shipments grew just 3 percent annually to reach 368.0 million units in Q1 2012. Samsung was the star performer, shipping 93.5 million handsets worldwide and capturing a record 25 percent marketshare. Five years after it captured the number-two spot from Motorola, Samsung has finally become the world’s largest handset vendor in volume terms.”
What will be the next move by Nokia to regain its lost mobile users and try to gain the No.1 spot again? Is that even possible or that’s it for Nokia?