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Monday, May 9, 2011
Samsung Win the race against Nokia In Europe:
It looks like that Samsung is on its way with its self-improved target to become the world's largest cell phone manufacturer by 2014.
The first quarter of this year saw it sell 13.2 million phones in Europe, for the first time in history of mobile samsung cell phone's sold more than Nokia's 12.6 million units. This leaves Nokia with strongholds mainly in Asia and Africa, and it is selling a huge amount of phones there, unlikely to be overthrown soon, unless affordable Androids make a dent in its market share in those regions.
Samsung, however, said in its latest earnings release slides that it is seeing a huge potential for growth with precisely low-end Android phones in emerging markets, so Nokia might have a hard time defending this turf as well, while it is transitioning from Symbian in the next few years. Have a look at Europe's numbers for the quarter ending March of this year, courtesy of IDC:
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Samsung
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