London: South Korean company Samsung has passed Nokia to become the world’s largest mobile phones maker, according to a report.
Research firm Strategy Analytics revealed that in the first quarter of 2012 Samsung shipped 93 million mobile handsets phones compared to almost 83 million by Nokia.
Alex Spektor, Associate Director at Strategy Analytics, said, “As volumes contracted in key developed markets like Western Europe and North America, global handset shipments grew just 3 percent annually to reach 368.0 million units in Q1 2012. Samsung was the star performer, shipping 93.5 million handsets worldwide and capturing a record 25 percent marketshare. Five years after it captured the number-two spot from Motorola, Samsung has finally become the world’s largest handset vendor in volume terms.”
Meanwhile, Samsung is facing stiff competition from rivals such as Apple and Taiwan”-based HTC.
Apple, which said earlier this week that it sold 35 million of its iPhones in the first quarter, is expected to launch a new version of its handset later this year.
According to the report, another area of concern for Samsung is likely to be its chip manufacturing unit, which is facing slow global demand for personal computers.
Samsung”s memory-chip division saw its profits slide by 54 percent during the first quarter when compared with the same period a year earlier.
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