Third-Quarter Handset Sales Jump 21.2%
By Carlo Longino, Wed Nov 05 18:45:00 GMT 2003
IDC's got the first set of third-quarter handset sales figures out, and they say they market is growing handily, powered by emerging markets and replacement sales. They say 21.2% more phones were sold worldwide in Q3 2003 than the year before, and 14% more than in the second quarter.
There's not a lot of change in the list of top handset vendors, but IDC says the top 5 companies sold 76.6% of all handsets in the quarter, compared to 77.3% in the second quarter and 71.4 in the first. All the top five vendors reported sequential growth in the quarter, the first time that's happened this year.
The figures show Nokia still leading the market with a 35% share, though that's down a percentage point from last quarter even as the company's shipments grew about 11%. Motorola continues to recover from its early-year doldrums, with 15.5% share and a nearly 28% sequential increase in sales. Samsung increased its share by a point to 11.5%, and Siemens' 40% jump in sales took its share to 8.7%. LG rounded out the top five with 5.8% of the market, narrowly leading Sony Ericsson with 5.5%.
So clearly the market is growing, but I'm curious to see some geographic figures to see where the growth is coming from: is it being driven by emerging markets like Russia and India, or Western European and North American replacement cycles?