Samsung‘s Q1 2012 results were nothing short of magnificent when the South Korean company usurped Nokia’s 14-year numero uno position of top handset maker in the world.
Samsung’s achievement was largely due to its steady sales of its existing models (Galaxy SII, Ace, Y etc) and sales expansion of its high-end strategic models (Galaxy Note, LTE etc).
Samsung predicts that the sale of handsets will increase quarter over quarter in the Q2 while its tablet will still be fiercely competitive with other manufacturers, namely Apple.
According to Bloomberg, Samsung shipped 93.5 million phones while Nokia only managed to ship 82.7 million. Apart from that, Samsung also shopped 44.5 million smartphones holding 31% of the market while Apple only managed to sell 35.1 million with 24% of the smartphone market in the first quarter, regaining its smartphone reign last quarter.
- Samsung May Have Just Become The King Of Mobile Handsets, While S&P Downgrades Nokia To Junk (techcrunch.com)
- Samsung ousts Nokia as biggest phone manufacturer after 14-year run, according to Strategy Analytics (theverge.com)
- Samsung Now the World’s No. 1 Handset Maker [STUDY] (mashable.com)