Samsung's sales per quarter have reached 90 million for the first time. This means that Samsung Electronics has beat Apple with over 50 million units of sale. On the other hand, China’s Huawei is now in the third place after LG electronics showed some slowdown in sales in its third quarter smartphone sales.
Posts Tagged: smartphone-market
The smartphone market is on an upward surge, according to IDC, the market research firm. The market has witnessed an outbreak of cutthroat competition among the major smartphone companies, leading to a fall in phone prices.
According to a new research report by Berg Insight, global shipments of smartphones increased 74 percent in 2010 to 295 million units. Growing at a compound annual growth rate (CAGR) of 32.4 percent, shipments are forecasted to reach 1,200 million units in 2015.
The worldwide mobile phone market grew 21.7% in the first quarter of 2010, a strong rebound from the market contraction in Q1 2009. Growth was fuelled by increased demand for smartphones, and the global economic recovery. According to the IDC Worldwide Mobile Phone Tracker, vendors shipped 294.9 million units in the first quarter of 2010 compared to 242.4 million units in the first quarter of 2009.
Palm’s new CEO Jon Rubinstein believes there is sufficient growth in the smartphone market to profitably sustain "three to five players".
He was speaking after announcing "strong and growing" sales of the company’s new Pre handset – with download applications now numbering more than 1 million three weeks after it launched.
So the launch of the Palm Pre is June 6th – and the scene is all set for what is likely to be an exciting summer for the smartphone industry.
Those joining Palm in announcing new – or updated handsets – over the next few months are Apple with an upgraded iPhone and new phones using the Android operating system from Google.
Dell’s plans for entering the smartphone market have gained some more meat.
The world’s second largest PC brand is working with two companies to develop software and hardware for new mobile devices.
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Nokia still tops the smartphone market with sales of 60.9 million handsets last year for a total global market share of 43.7 per cent.
But the Finnish phone-maker’s sales grew by just 0.8 per cent and its market share dropped from 49.4 per cent, with rivals Research In Motion (RIM) and Apple taking bigger slices of the smartphone pie.
Palm has announced that Douglas C. Jeffries has been appointed as the company’s Chief Financial Officer.
Previously chief accounting officer at eBay, Jeffries will join Palm in January as replacement for Andy Brown.
The beleaguered handset maker is beset by falling sales as it struggles in the smartphone market.