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
The World Bank is seeing a surge in demand from borrowers seeking the Bank’s expertise to mitigate currency and interest rate risk.
more »
The European Commission has approved under EU state aid rules a Lithuanian package intended to stabilise the markets as a response to the global financial crisis.
more »
Total cereal production in 2010 should be close to the average from the last five years. While the yield per hectare will be 5% above average, overall cultivated areas have decreased.
more »
According to the unaudited data, AB Bank SNORAS profit prior to provisions and tax exemption within the first half of this year comprised LTL 51 million, the bank formed almost LTL 48 million provisions.
more »
The European Commission today approved two applications from Denmark for assistance from the EU Globalisation Adjustment Fund (EGF).
more »
The European Investment Bank today signed two loans for a total amount of EUR 150 million in support of small and medium-sized enterprises (SMEs) in Turkey.
more »
On 23 July 2010 the Board of the Bank of Lithuania permitted Bank SNORAS to register a change to the articles of association related to the increase of the authorized capital of the bank by LTL 82.3 million up to LTL 494,217,107.
more »
Heads of State and top officials from the Central American Integration System and World Bank Group President, Robert B. Zoellick, agreed to join efforts towards regional cooperation and integration and adopted a comprehensive agenda that includes an action plan with more than 20 specific measures.
more »
The Executive Board of the International Monetary Fund (IMF) today approved the full cancellation of Haiti’s outstanding liabilities to the Fund, of about SDR 178 million (equivalent to US$268 million).
more »
The Executive Board of the International Monetary Fund (IMF) today completed the third review of Latvia's performance under an economic program supported by a Stand-By Arrangement (SBA).
more »