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Report: Cell Phone Shipments Could Hit 1B This Year

By Mark Jewell
AP
10/20/06 8:39 AM PT

Cell phone shipments worldwide could exceed 1 billion this year, according to IDC. Because of strong third-quarter numbers, IDC is keeping intact its previous 2006 forecast of 998 million cell phone shipments this year, compared with 833 million a year ago. However, if the market is only slightly healthier than anticipated, the 1 billion-per-year threshold would be surpassed for the first time.

http://www.technewsworld.com/rsstory/53794.html

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Heated Competition
Nokia (NYSE: NOK) posted a market share gain over its rivals in the third quarter and remained in the No. 1 slot, with a nearly 33 percent increase in cell phones shipped to give it a 35 percent share compared with 32 percent a year ago, IDC said.

Schaumburg, Ill.-based Motorola (NYSE: MOT) strengthened its No. 2 position, with a 39 percent shipment increase and a share of 21 percent, from 18 percent a year ago.

Rounding out the top five were South Korea's Samsung Electronics, with a 12 percent share, down from 13 percent a year ago; Sony Ericsson , with 7.8 percent, up from 6.6 percent; and LG Electronics, at 6.5 percent, down from 7.4 percent.