156.4 mln wireless phones shipped in Q2 2004
In Q2 2004 wireless phone makers shipped 156.4 mln handsets to customers all around the world, according to Gartner. That was up 3.4 mln QTQ, and up 35% YTY. The wireless-phone industry is on track to ship almost 650 mln units in 2004. 520 mln phones were shipped in 2004. Benefiting from sharp price cuts, the Finnish cell-phone giant Nokia boosted its market-leading position to 29.7% from 28.9% in Q1. It shipped 46.4 mln phones. IDC found that Nokia’s share slipped in Q2 to 27.7% from 29.3%. Sony Ericsson boosted its share to 6.6% from 5.6% in Q1, as the joint venture shipped 10.3 mln phones. The company is the world’s fifth biggest maker of wireless handsets. Korean-based LG lifted market share to 6% from 5.3%. It shipped 9.4 mln phones during Q2. Motorola’s portion of the market dropped to 15.8% from 16.4% based on shipment of 24.6 mln phones. Siemens ended Q2 with a 6.9% share, down from 8.0%. It shipped 10.8 mln phones. Samsung, the world’s third largest phone maker, suffered a small decline in market share, according to Gartner. IDC reported a small increase for Samsung. The two research firms place its market share at between 12-14%. To slow gains by its upstart challengers, Nokia slashed prices earlier this year after a steep erosion in market share, which once hit around 40%.