Samsung overtakes Motorola in India
By Ben Robinson on Thursday, May 15th, 2008 at 1:10 PM PST In Financial/Corporate News, Motorola, Nokia, Samsung, Sony Ericsson
Q1 2008 has delivered a shake-up in the rankings of Mobile Handset Vendors in India.
Nokia (NYSE: NOK) continues to dominate, follow by Sony Ericsson (NYSE: SNE). However, Samsung have now passed Motorola (NYSE: MOT) to take 3rd position (echoing changes that we have seen occurring in other countries).
If you want some stats, and I’m sure you do, Nokia are around the 70% (!) mark, whereas SEM is at about 8%, and Samsung at 7%. Motorola are now around the 6% mark.
Samsung, which according to some sources is the world’s second largest handset vendor, is planning to double it’s market share in India by end of year (remember above is only Q1 stats) – you can expect a slew of new devices covering across all the tiers/segments of the market.
Motorola on the other hand will need to ship high volumes of handsets over the next few months to reverse the trend above – something that no doubt many industry commentators will be watching closely.
[Via: telecomtiger.com]
