Monday, June 13, 2011

Samsung to end 14-yr Nokia smartphone reign

from Reuters:

>>Samsung Electronics will become the world's largest smartphone maker this quarter, overtaking struggling Nokia Oyj which has lead the market since 1996, Nomura said on Monday.

In the next quarter Nomura also sees also Apple Inc overtaking Nokia and pushing it to No. 3 in rankings.

"In 1996 Nokia launched the Communicator and the smartphone market that it has led in unit terms ever since. After about 14 years at the top, Nokia looks set to relinquish its smartphone crown," Nomura analysts said in a research note.

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