News
Q3 handset sales up 10 per cent
Tim Green Nov 1 2007, 1:40pm
Global handset sales remain buoyant, with vendors shipping 288 million units during 3Q07.
ABI Research says the increase flies in the face of a general consumer downturn and represents a quarterly increase of 10.5 per cent and a 15.7 per cent annual rise.
Nokia alone shipped 111.7 million units for the quarter, representing a 26% annual increase. It attributed much of this to a surge in demand for entry-level handsets in emerging markets such as the Middle East, Africa and Asia.
Its market share is now 39 per cent from 36 per cent a year ago.
Samsung continued to flourish, selling a record 42.6 million units during 3Q07, up 12 per cent.
ABI Research forecasts the global handset market will grow 13.5 per cent year-on-year in 2007 translating to a shipment of 1.13 billion.
