28 Oct '11, 8pm

Samsung, ZTE won mobile market share in Q3

SAN FRANCISCO—Samsung Electronics and China’s ZTE Corp. made significant strides in mobile handset market share in the third quarter, while Apple and Nokia lost share. The latest figures from market research firm Strategy Analytics showed that despite the ongoing financial crisis, global handset shipments had posted an annual growth of 14 percent, to reach 390 million units in the third quarter. South Korea-based Samsung purportedly shipped 27.8 million smartphones during the quarter, a 370 percent increase from the 7.5 million the firm shipped in the same quarter of 2010. Overall, the firm shipped 88 million phones in the third quarter. This puts the company’s current market share at 23 percent. Strategy Analytics put the impressive growth down to the “robust shipments” of Samsung’s high-end Galaxy S2 smartphone. Fellow South Korean rival LG Electronics, meanwhile, shippe...

Full article: http://www.eetimes.com/electronics-news/4230192/Samsung-a...

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