re: Samsung: The Big Three Contender
>> Samsung Now Ranks 4th in Global Mobile Phone Sales
The company sold 7.11 million units during the third quarter of 2001, for 7.5% of the world market.
Sales are up a whopping 174% year on year.
Continuous growth on market share, ready to jump up to become the big three.
Seoul, Korea
November 20, 2001
SEC Press Release
The position of Samsung mobile phones has been strengthening in the world market. Samsung Electronics ranked fifth in sales during the second quarter of this year, with a 6.9% share of the world market.
During the third quarter, the company moved up a notch to secure 4th place with a 7.5% market share.
According to figures released by Dataquest, Samsung sold 7,108,000 units in the third quarter of this year with 7.5% of market share, up a whopping 3.5% of market share from the same period a year ago. The company ranked seventh in global sales for the third quarter of 2000.
The Dataquest report ranks the world's top five mobile phone makers in descending order as Nokia, Motorola, Ericsson, Samsung Electronics and Siemens. Samsung edged Siemens our for forth place in the third quarter and moved a step closer to the "big 3" makers at the top.
Samsung's rise in the global ranks can be attributed to expanding markets for CDMA handsets in Australia and the Americas as well as Samsung's inroads into the European GSM phone market since 1998.
Samsung Electronics has maintained its brand in the middle and upper end of the market price range, while marketing efforts have continued to strengthen Samsung's market position. Samsung aims to step up its marketing blitz by highlighting next-generation products such as the cdma2000-1x handsets in the US and the GPRS phones in Europe.
3Q Global Mobile Phone Sales
Rank Manufacturer Unit Shipments Market Share
(000) (%)
1 Nokia 31,551 33.4
2 Motorola 14,769 15.7
3 Ericsson 7,531 8.0
4 Samsung 7,108 7.5
5 Siemens 6,769 7.2
6 Panasonic 4,774 5.1
7 NEC 3,662 3.9
Quarterly Market Share and Ranking
3Q00 4Q00 1Q01 1Q01 3Q01
M/S(%) 4.0 4.8 6.3 6.9 7.5
Rank 7th 6th 5th 5th 4th
About Samsung Electronics
Samsung Electronics Co. Ltd. is a global leader in semiconductors, the consumer electronics industry, and digital convergence technology. Samsung Electronics employs approximately 66,000 people in 46 countries. The company is the world’s largest producer of memory chips, TFT-LCDs, CDMA mobile phones and monitors and the sixth-largest manufacturer of mobile phones. Samsung Electronics consists of four main business units: Digital Media, Semiconductor, Information & Communications, and Home Appliance Businesses. <<
Year To Year Samsung Market Share
1997 1998 1999 2000 2001YTD
Samsung 3.6 4.2 6.2% 5.0% 7.0%
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