Samsung became Number One Mobile Company in the World

May 18, 2012, 13:20 IST

Corporate Current Affairs 2012. Korean mobile giant Samsung on 17 May 2012 surpassed the Finland based mobile manufacturer Nokia as the world’s number one mobile company

According to the findings of a handset survey conducted by research firm Gartner the Korean mobile giant Samsung surpassed the Finland based mobile manufacturer Nokia as the world’s number one mobile company. Nokia remained the number one phone brand since 1998. The findings of the research were made public on 16 May 2012.

Samsung's mobile phone sales have reached 86.6 million units, a 25.9 per cent increase from 2011. It also reacquired the number one slot in smartphone space from Apple, selling 38 million smartphones worldwide.

Other major mobile brands like LG, Motorola, Blackberry, HTC also witnessed a considerable plunge in their market share. Two major Chinese brands ZTE and Huawei registered a considerable hike in their global sale as they managed to nearly double their market stake.  The two companies now account for 4.2 and 2.6 per cent of the total handsets sold in the world holding 4th and 6th place respectively.

In Indian market Samsung emerged as the number one smartphone brand. Nokia, however, retained the number one slot in terms of total phone sales in the country.

Jagran Josh
Jagran Josh

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