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Smartphone shipments up 56 percent

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Nov. 7, 2007

Symbian announces that it has shipped more than 20.4 million of its Smartphones in the third quarter.

The company says this is a 56 percent increase year over 2006's shippment levels.

Symbian is 47.9 percent owned by Nokia, and it also announced a 30 percent increase in its revenue.

It said that it generated sales of $109.1 million during the third quarter, up from $84.11 million for the same quarter in 2006.

Nigel Clifford, Symbian CEO said "overall, Symbian continues to lead the global smartphone market in Q3. Our licensees, the world's leading handset manufacturers, have now shipped 165 million Symbian smartphones cumulatively, and are largely benefiting from the performance and features of the Symbian operating system."

The company also announced that there are currently 134 Symbian smartphone models on the market, up from 106 models for the same 2006 quarter.

The number of Symbian-based handsets in development is up from 49 for the third quarter last year to 65 for the quarter ending Sep. 30, 2007.

Clifford added "we are excited by the potential of smartphone technology, the size of its market, and how Symbian can drive such potential."

"With new Symbian OS technology including FreeWay, ScreenPlay and SMP, commitment from the world's leading handset vendors and UI partners, continued success in Japan and China, and ecosystem vibrancy as demonstrated at the Smartphone Show, we are confident that Symbian will continue to lead the growing smartphone market," said Clifford.

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Source: Wireless Week


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