Handset Market Grows 15 Percent in Q1; NOK Market Share 41.1-Percent

The global mobile handset market grew 15 percent in the second quarter to 297 million units, according to research firm Strategy Analytics.

Nokia (NOK) continued to dominate the market, with a 41.1-percent share, up from 40.9 percent in the first quarter, shipping 122 million phones. Samsung followed with a 15.4-percent share, with Motorola (MOT) holding onto the third spot at 9.5 percent, followed by LG at 9.3 percent and Sony Ericsson at 8.2 percent. The research firm noted that Apple (AAPL) had just 0.2 percent of the global market in the quarter, as it prepared for the launch of the iPhone 3G.

Read the rest of this post