IDC: Mobile Phone Market Continue Slide
The worldwide Mobile Phone market is still projected to decline 13 percent in 2009, according to IDC, despite second quarter improvements.
The firm saw a second quarter decline of 10 percent in a total shipments to 269.6 million units from 302.2 million units in the same quarter a year ago.
“The challenges from the previous nine months – aggressive channel destocking, foreign exchange volatility, and uncertain demand – continued to plague the mobile phone market in the second quarter, but were not as severe as before, says Ramon Llamas, senior research analyst with IDC's Mobile Devices Technology and Trends team.
Nokia lead market share with 38.3 percent, or 103.2 million units shipped, according to the Mobile Phone Tracker report. Samsung followed with 19.4 percent, or 52.3 million, while Apple beats its expectations for its iPhone 3G, with a net sales increasing 9 percent.
Among others, LG Electronics took 11.1 percent of the market and Motorola and Ericsson of 5 percent.
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