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Friday, 29 February 2008 07:46

2007 blockbuster year for Mobile Phones

Written by David Stellmack

Image

Nokia still the leader of the pack


In 2007 worldwide sales of mobile phones exceeded 1.15 billion units, a 16% increase from 2006 sales, according to figures from the Gartner Group. The so-called emerging markets (which include India and China) are now leading the world in growth. 

Nokia is the world leader, with sales of 435 million mobile phones in 2007. Next in sales are Motorola, Samsung, Sony Ericsson and LG. According to Gartner, Nokia stands to gain the most by increasing its market share in North America, where it represents only 10 percent of the market.

Motorola has seen its mobile phone business decline, and there is speculation that Motorola might unload it in 2008.  For 2007 Motorola's market share declined from 21.1 percent to 14.3 percent. Rumors are circulating that if Motorola does sell the business line it will likely be sold to a Chinese vendor, such as ZTE.

Last modified on Friday, 29 February 2008 10:35
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