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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

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.

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