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Cell phone market still growing

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Oct. 26, 2007

Overall, mobile phone vendors shipped a total of a little over 289 million units worldwide during the third quarter, according to IDC's Worldwide Quarterly Mobile Phone Tracker report.

That number is up 89 percent from the previous quarter, and up almost 14 percent from the same quarter in 2006.

Ramon Lamas, research analyst with IDC's Mobile Devices Technology and Trends said "on a global basis, the mobile phone market continued to post positive results in the third quarter, even as vendors struggle to balance revenue and profitability."

IDC contributes the strong growth to a combination of high-volume shipments of affordable handsets into emerging markets and high-end, feature-packed devices into mature markets.

IDC's report also noted that the converged mobile device market continued to grow several times faster than the traditional phone market.

In terms of handset vendors, IDC's report found that Nokia is still on top of the pack, shipping more phones in the third quarter than the next three vendors combined.

For its part, Samsung ranked No. 2 for the second consecutive quarter, increasing its lead over Motorola to 5.4 million units worldwide.

Overall, Motorola ranked third in line, Sony Ericsson ranked fourth and LG took fifth place, narrowing the gap between it and Sony Ericsson to just 4 million units worldwide.

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Source: Wireless Week


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