Nokia Slips to Seventh in Smartphone Market

Nokia Corp. slipped to seventh place in the booming global smartphone market in the third quarter, as Apple Inc. and Samsung Electronics Co. maintained their hold on a segment once dominated by the Finnish company, research firm Gartner Inc. said Wednesday.

Nokia accounted for 7.2 million, or 4.3 percent, of the 169.2 million smartphones sold world-wide in the latest quarter, taking it down from third place in April-June, Gartner said.

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