Motorola Inc, the world's second-largest cellphone maker, took market share from its larger competitor Nokia Oyj in the second quarter, helped by sales of the Razr, Slvr and Ming models, a study showed.
Motorola's market share rose to 21.9 percent, the highest level in more than five years, from 20.3 percent in the first quarter, researcher Gartner Inc said in a release it e-mailed yesterday.
Nokia's share fell to 33.6 percent from 34 percent.
Schaumburg, Illinois-based Motorola's unit sales growth has outpaced that of Nokia for five straight quarters. Motorola was also the fastest-growing handset maker in the last three months.
The company's 0.84mm-thick Motofone, shipping next month, will help Motorola challenge the dominance of Nokia in markets such as India and China, said Carolina Milanesi, a Gartner analyst.
"Motorola gained across the board," Milanesi said.
"The Razr is coming down in price and broadening its target market, and the Motofone combines usability and design at an affordable price," he said.
Global cellphone unit sales rose 18 percent in the second quarter to 229 million units from a year earlier, Stamford, Connecticut-based Gartner said.
Sales this year will probably gain 18 percent to 960 million units from 817 million units sold last year, up from 674 million units in 2004, it said.
In the second quarter, Motorola sold 50.2 million phones, up 46 percent from 34.3 million a year earlier, Gartner said.
The Razr and Slvr lured buyers in the US and Europe, while the Ming camera phone boosted demand in China, Milanesi said.
Unit sales at Nokia rose to 77.1 million in the second quarter from 61.2 million a year earlier, Gartner said.
Nokia lost market share and one place in the ranking in North America, dropping to the No. 3 position, Milanesi said.
Motorola is the market leader in North America, followed by Samsung Electronics Co.
The market share of South Korea-based Samsung, the third-largest handset maker globally, slipped to 11.1 percent from 12.5 percent in the first quarter.
"Nokia and Motorola continue to consolidate their market positions," Milanesi said.
"Samsung needs to focus on design. They are very good at technology," he said.
Sony Ericsson Mobile Communications Ltd, the handset joint venture of Sony Corp and Ericsson AB, overtook LG Electronics Inc to claim the No. 4 position. Sony Ericsson's market share rose to 6.7 percent from 6.1 percent in the first quarter. LG's market share fell to 6.3 percent from 6.5.
Motorola shares fell US$0.11 to US$22.80 at 4:22pm in New York Stock Exchange composite trading. The stock's price has changed little this year. Nokia shares, up 5.5 percent this year, fell to 16.30 euros in Helsinki.
CHIP WAR: Tariffs on Taiwanese chips would prompt companies to move their factories, but not necessarily to the US, unleashing a ‘global cross-sector tariff war’ US President Donald Trump would “shoot himself in the foot” if he follows through on his recent pledge to impose higher tariffs on Taiwanese and other foreign semiconductors entering the US, analysts said. Trump’s plans to raise tariffs on chips manufactured in Taiwan to as high as 100 percent would backfire, macroeconomist Henry Wu (吳嘉隆) said. He would “shoot himself in the foot,” Wu said on Saturday, as such economic measures would lead Taiwanese chip suppliers to pass on additional costs to their US clients and consumers, and ultimately cause another wave of inflation. Trump has claimed that Taiwan took up to
A start-up in Mexico is trying to help get a handle on one coastal city’s plastic waste problem by converting it into gasoline, diesel and other fuels. With less than 10 percent of the world’s plastics being recycled, Petgas’ idea is that rather than letting discarded plastic become waste, it can become productive again as fuel. Petgas developed a machine in the port city of Boca del Rio that uses pyrolysis, a thermodynamic process that heats plastics in the absence of oxygen, breaking it down to produce gasoline, diesel, kerosene, paraffin and coke. Petgas chief technology officer Carlos Parraguirre Diaz said that in
Japan intends to closely monitor the impact on its currency of US President Donald Trump’s new tariffs and is worried about the international fallout from the trade imposts, Japanese Minister of Finance Katsunobu Kato said. “We need to carefully see how the exchange rate and other factors will be affected and what form US monetary policy will take in the future,” Kato said yesterday in an interview with Fuji Television. Japan is very concerned about how the tariffs might impact the global economy, he added. Kato spoke as nations and firms brace for potential repercussions after Trump unleashed the first salvo of
SUPPORT: The government said it would help firms deal with supply disruptions, after Trump signed orders imposing tariffs of 25 percent on imports from Canada and Mexico The government pledged to help companies with operations in Mexico, such as iPhone assembler Hon Hai Precision Industry Co (鴻海精密), also known as Foxconn Technology Group (富士康科技集團), shift production lines and investment if needed to deal with higher US tariffs. The Ministry of Economic Affairs yesterday announced measures to help local firms cope with the US tariff increases on Canada, Mexico, China and other potential areas. The ministry said that it would establish an investment and trade service center in the US to help Taiwanese firms assess the investment environment in different US states, plan supply chain relocation strategies and