Samsung has overtaken Nokia as the top mobile phone brand for 2012 and has opened up a decisive lead over Apple in the smartphone market, a research firm said Tuesday.
This will mark the first time in 14 years that Finnish-based Nokia will not sit atop the global mobile phone business on an annual basis, according to IHS iSuppli.
Samsung is expected to account for 29 percent of worldwide cellphone shipments, up from 24 per cent in 2011, according to the IHS, which said Nokia’s share dropped to 24 per cent from 30 per cent.
This will mark the first time the South Korean electronics giant will occupy the top on a yearly basis, IHS said.
Samsung has also extended its lead over Apple as the top maker of smartphones worldwide, the survey said. Samsung will have 28 per cent of the market, up from 20 percent in 2011, while Apple’s share will rise in 2012 to to 20 per cent from 19 per cent.
“The competitive reality of the cellphone market in 2012 was ’live by the smartphone; die by the smartphone,’” said Wayne Lam, senior analyst at IHS.
“Smartphones represent the fastest-growing segment of the cellphone market and will account for nearly half of all wireless handset shipments for all of 2012.