Nokia has lost market share in western Europe for the first time in two years
Published:
6 December 2003 y., Saturday
Nokia has lost market share in western Europe for the first time in two years, as its rivals have launched a dual onslaught at both the top and bottom ends of the rapidly growing mobile phones market.
According to a report released yesterday by Strategy Analytics, a US-based research firm, Nokia's share of shipments in the third quarter slipped to 42.1 per cent from 51.2 per cent in the same period last year.
Nokia's loss of market share comes amid rocketing mobile phone sales across Europe, as penetration continues to rise and users upgrade to handsets with better features. According to the survey, handset sales in Western Europe have risen by 23 per cent year-on-year.
Nokia has won huge customer loyalty in Europe with easy-to-use phones and its trademark mono-bloc or candy-bar shape. But many Asian manufacturers have been winning market share with folding "clamshell" phones.
Nokia has won huge customer loyalty in Europe with easy-to-use phones and its trademark mono-bloc or candy-bar shape. But many Asian manufacturers have been winning market share with folding "clamshell" phones.
Retailers said they expected Nokia sales in Europe to rebound in the fourth quarter as rivals such as Motorola and Siemens struggled to meet strong pre-Christmas demand. But they said Nokia had been suffering from increasing competition.
Šaltinis:
news.ft.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Today, the Commission published a Communication which outlines the most serious tax problems that EU citizens face in cross-border situations and announces plans for solutions.
more »
The European Commission has opened a formal investigation under EU state aid rules to examine a number of support measures, including several capital injections and shareholder loans, that the Hungarian authorities granted to Malév-Hungarian Airlines in the context of its privatisation and subsequent renationalisation.
more »
Internet and lax customs enforcement drive growth of 600 billion US dollar counterfeit goods industry.
more »
350 million people rose out of poverty in the past decade, but 1.4 billion are still extremely poor, says the latest report into rural poverty.
more »
New plan sets out action to reach 75% employment target for the EU by 2020.
more »
Research Ministers of the EU Member States and Associated Countries, together with the European Commission, are announcing in Brussels today three new pan–European energy research infrastructures.
more »
Algirdas Šemeta, Commissioner for Taxation, Customs, Audit and Anti-fraud, is visiting Moscow today to discuss ways in which customs cooperation between the EU and Russia can be reinforced.
more »
Following on from Monday's debate with ECB President Jean-Claude Trichet, MEPs on Tuesday adopted a resolution, by a show of hands, gauging the ECB's performance in 2009 and suggesting actions to be taken in view of the economic situation.
more »
The European Parliament today approved €10.5 million in European Globalisation Adjustment Fund aid to over 3,000 people in the Netherlands who lost their printing and publishing sector jobs last year, due to the economic crisis.
more »
A diamond-studded gold coin engraved with a picture of the Taj Mahal and worth 100,000 euros is unveiled at the Paris mint.
more »