Samsung Passes Nokia in Cell Phones, Apple Tops in Smartphones
Latest news Samsung in the first
quarter became the world’s largest cellphone brand for the first time,
overtaking longtime market leader Nokia.
In the smartphone segment, Samsung remained in second place behind Apple, according to market research firm IHS iSuppli.

“With cellphones now accounting for more
than 40 percent of Samsung’s overall revenue, it’s clear that the
company’s continued investments in smartphone hardware and software
R&D are paying off,” Wayne Lam, senior analyst for IHS, said in a
statement. “The company is not only cashing in on the market’s shift to
smartphones, but is also succeeding in other cellphone product
categories, allowing it to capture the overall market lead,” Mr. Lam
explained.
Unless Nokia can turn its numbers around,
going forward the industry expects a fierce battle between Samsung and
Apple, as other smartphone manufacturers struggle. Samsung’s newest
phone, the Galaxy S III, will launch in May while the next iPhone is
expected sometime this fall.
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