Samsung overtakes Nokia at the top

Samsung Electronics shook the mobile phone market as they become the world’s biggest mobile handset maker during the first quarter of this year. They were able to get about ¼ of the total mobile sales overcoming the struggling Nokia Corp.

The data came for England based research firm Strategy Analysis.

The South Korean company ended the first three months of the year with 36% more handsets shipped the previous year even outselling Apple, Inc. in the smartphone business. The company’s smartphone shipments tripled on high demand of their handsets namely the Galaxy line handsets. They have a share of 30.6% in the smartphone market. Apple only has about 24.1% share.

During the first quarter of this year, Samsung had a share of 25.4% of the global mobile handset market. They were able to ship about 93.5 million devices around the world. During the same time last year, they only shipped around 68.9 million. Of those that were shipped, 44.5 million units were smartphones up from 12.6 million from last year.

Nokia had a 22.5% share of the total market dropping from 24% from the previous year. They were able to ship 82.7 million units during the first quarter.

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