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IDC reports mobile sales up to 533 million in 2003 - report.

NORDIC BUSINESS REPORT-4 February 2004-IDC reports mobile sales up to 533 million in 2003 - report(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com

International research company IDC has reportedly said that 533 million mobile phone units were sold in 2003, an increase of some 23% as compared to 2002.

Finnish telecomms solutions provider Nokia was still leading the sales in 2003, despite the decrease of its market share to 33.6% from 35% in 2002, IDC said.

IDC estimated that Nokia delivered 179.3 million mobile phones in 2003, an increase of 18% as compared to 2002.

Global research and consultancy company Strategy Analytics Inc had reportedly estimated that Nokia's market share had dropped from 35.1% in 2002 to 34.8%, while Nokia had estimated its market share to be over 38% in 2003.

US-based Motorola's market share had according to IDC dropped to 14.1% in 2003, while Strategy Analytics estimated a drop from 16.3% in 2002 to 14.5% in 2003.

IDC had estimated that the Korean Samsung Electronics' market share had stayed nearly the same at 9.9% in 2003, while Germany's Siemens had a market share of 8.5% and LG Electronics 5.3%.

IDC said that one-third of the mobile sales in 2003 were during the fourth quarter of the year, reported the online edition of the Finnish weekly newspaper ITviikko.

((Comments on this story may be sent to nbr.feedback@nordicbusinessreport.com))

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Publication:Nordic Business Report
Article Type:Brief Article
Geographic Code:00WOR
Date:Feb 4, 2004
Words:241
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