It was less than a year ago that Samsung outsold Nokia and became the world’s largest MOBILE PHONE (Not only smartphone) manufacturer; after which Nokia slowly started sliding further and further down the line. as of this week Nokia are no longer part of the top 5 Smartphone manufacturers (but are still 2nd place to Samsung in total phone sales). Ironically Nokia was replaced in the top 5 by the only other Smartphone company who is possibly in as bad a position as they are, RIM.
Analysts pin Nokia’s loss on the rise of ZTE and Huawei which have both been eating into their share of the Chinese market. As of this quarter the top 5 are:
Thanks for the tip Kan