2nd quarter of 2008 proves fruitful for global mobile device market

Unlike the first quarter 2008, second quarter of this year proves to be beneficial for the mobile phone vendors worldwide. According to the research firm, ABI 301 million units are transported in this quarter. It reaffirms the positive prospects of the global device market providing 13% growth in 2008 and mark the shipment to touch 1.3 billion mobile units.

Despite the downturn of world economy, the tier one vendors handset shipment growth between 15 and 22 per cent. Delete the woes of inflation, consumers in emerging markets in Asia, Africa, South America and the Middle East a bold sign of smart mobile phones. According to Jake Saunders, ABI Research president, "If there is economic slowdown, no one bothered to tell the mobile device buying public. The healthy gains in net subscriber additions are stimulating new and upgrade sales. In buy a handset developed markets tend to be flat, but those consumers who bought dig deeper and pay more for higher-end sets and distinctive smart-phones. "Despite the turbulence in the global economy market attraction mass with having the latest and greatest handset shows no sign of weakening.

Nokia continues to be the undisputed leader in the handset market. For the first time that Nokia surpassed the 40% market share. Samsung was far behind in second with 15.2% share. Motorola and LG are too close together. Motorola's share is 9.3%, slightly ahead of LG at 9.2%. maybe at the end of the third quarter of 2008 lg take over Motorola. Sony Ericsson in fifth place with the market share of 8.3%.

Nokia has been continuously refreshing its portfolio in the high-end, mid-tier categories and the ultra-low cost handset market. Nokia’s overall market share is likely to hold.