Samsung is close to passing Motorola to grab the No. 2 spot in mobile phone sales globally, while struggling market leader Nokia of Finland stabilized its share during the second quarter, a survey by Strategy Analystics said.

Samsung shipped 22.7 million units worldwide in the quarter compared to Motorola's 24.1 million. The leader, Nokia, sold 45.4 million phone in the same quarter.

The research group boosted its annual worldwide forecast for 2004 to a record 670 million phone unit shipments from the 586 million it had forecast earlier this year.

Strategy Analytics said Nokia was stung for the second quarter in a row, with its market share sliding to 28.9 percent from 36 percent a year ago as the company races to modernize a phone portfolio that is short on the camera and foldable "clamshell" models which are now popular with consumers.

Motorola's 24.1 million phones sold amounts to 8.3 million units or 53 percent more than a year earlier. Yet it was 1.2 million fewer when compared to 2004's first quarter. Samsung, on the other hand, grew nearly twice as fast and given its rapid pace in recent years is poised soon to overtake Motorola.

By: DocMemory
Copyright © 2023 CST, Inc. All Rights Reserved