Retail in Asia

In Trends

Samsung seen taking mobile phone crown from Nokia

Korea’s Samsung Electronics ended Nokia’s 14-year leadership of the global mobile phone market in the first quarter of the year, outselling the struggling Finnish handset maker for the first time ever, according to a Reuters poll of analysts.

The poll showed analysts on average expect Samsung to have sold 88 million mobile phones in January through March, surpassing the 83 million which Nokia sold in the quarter.

Nokia had announced the sales total on Wednesday when it warned of losses from the phones business in the first and second quarter. Samsung is due to release quarterly numbers on 27 April. 

(Source: CNBC)