Samsung Tops Nokia Again as Biggest Seller of Mobile Phones

Samsung Electronics Co. (005930) topped Nokia (NOK1V) Oyj and Apple (AAPL) Inc. as the world’s biggest seller of mobile phones for the third straight quarter, according to an industry study.

Samsung shipped 105.4 million phones in the three months ended September, 21 percent more than a year earlier, researcher IDC said in an e-mailed statement today. That gave it 23.7 percent of the market, compared with a 20.1 percent share a year earlier, the Framingham, Massachusetts-based research firm said. Samsung ended Espoo, Finland-based Nokia’s 14-year run as the global leader in the first quarter of this year.

Asia’s biggest consumer-electronics company also topped the global smartphone market with a share of 31.3 percent, trumping Apple’s 15 percent, IDC said. The Suwon, South Korea-based company has sold new models of its Galaxy product line and expanded in emerging markets to further its dominance in the handset market.

Nokia sold 82.9 million mobile phones in the third quarter, down 22.2 percent, according to the statement. The Finnish company controlled 18.7 percent of the market. Cupertino, California-based Apple followed with 6.1 percent and Seoul-based LG Electronics Inc. (066570) was fourth with 3.1 percent.

Separately, Strategy Analytics said Samsung led global smartphone sales in the quarter with 56.9 million shipments, giving it a record 35 percent market share. Apple ranked second with 26.9 million shipments and a 17 percent share, the Boston- based research firm said.

To contact the reporter on this story: Jun Yang in Seoul at jyang180@bloomberg.net

To contact the editor responsible for this story: Michael Tighe at mtighe4@bloomberg.net

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