Mobile phone sales hit a new high in the first three months of the year, while the top three manufacturers tightened their grip on the market, according to a study published this week.
Mobile phone manufacturers sold 180.6 million phones between January 1 and March 31, an increase of 17 percent over the 153.7 million sold in the first three months of last year, according to market analysts at Gartner. The top three manufacturers now control over 60 percent of the market, compared to 57.7 percent a year earlier.
Nokia sold 54.9 million phones in the quarter, 10.7 million more than a year earlier, giving it a 30.4 percent share of the market, up from 28.8 percent a year earlier, according to the study. Nokia sold over one-tenth of its phones in China, a success which Gartner attributed to significant investments in marketing and distribution networks there.
Motorola sold 30.3 million phones, boosting its share of the market to 16.8 percent from 16.3 percent in the first quarter of 2004. Samsung Electronics' share climbed to 13.3 percent, and that of LG Electronics to 6.2 percent.