According to the International Data Corporation (IDC) report, the worldwide mobile phone market declined 1.5% year over year in the first quarter of 2012, as Samsung leads the way ousted Nokia to become the world’s top mobile phone vendor. The Worldwide Quarterly Mobile Phone Tracker, vendors shipped 398.4 million units in first quarter compared to 404.3 million units in the first quarter of 2011.
“The halcyon days of rapid growth in the smartphone market have been good to Samsung,” said Kevin Restivo, senior research analyst with IDC’s Worldwide Mobile Phone Tracker program. “Samsung has used its established relationships with carriers in a mix of economically diverse markets to gain share organically and at the expense of former high fliers such as Nokia.”
Meanwhile, the worldwide smartphone market grew 42.5% year over year in 1Q12, as Samsung overtook Apple for the smartphone leadership position. Vendors shipped 144.9 million smartphones in first quarter compared to 101.7 million units in 1Q11. The 42.5% year-over-year growth was 1% higher than IDC’s forecast of 41.5% for the quarter, and lower than the 57.4% growth in the fourth quarter of 2011.
“The race between Apple and Samsung remained tight during the quarter, even as both companies posted growth in key areas,” said Ramon Llamas, senior research analyst with IDC’s Mobile Phone Technology and Trends program. “Apple launched its popular iPhone 4S in additional key markets, most notably in China, and Samsung experienced continued success from its Galaxy Note smartphone/tablet and other Galaxy smartphones. With other companies in the midst of major strategic transitions, the contest between Apple and Samsung will bear close observation as hotly-anticipated new models are launched.”
(Image Source: IDC)