Nokia holds number-one position in Q3, but Samsung and LG make gains.(Market Intelligence)
2.5G-3G, November, 2004
Nokia remained the number-one cellphone manufacturer in the world in the third quarter of this year, according to In-Stat/MDR.
In the period ending September 30, Nokia had 31.2 percent market share, virtually unchanged from a year earlier, but up slightly from the two previous quarters. Nokia shipped 51.4 million handsets in the quarter. Nokia was able to regain some lost market share by sharply cutting handset prices.
It paid off in Western Europe, which showed substantial gains. In North America and Latin America, however, the company lost ground. At the same time, Samsung and LG made sizeable gains.
Motorola held onto second place, but just barely. The U.S.-based manufacturer shipped 23.3 million units, giving it a 14.1 percent market...
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