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Technology Stocks : Ericsson overlook? -- Ignore unavailable to you. Want to Upgrade?


To: Eric L who wrote (4927)1/31/2002 1:01:56 PM
From: Jim Oravetz  Read Replies (1) | Respond to of 5390
 
08:03 ET LM Ericsson announces Verizon Wrls deal (ERICY) 4.17: Co announces a contract with Verizon Wireless to deploy Ericsson's CDMA2000 AAA (solution throughout Verizon Wireless' CDMA2000 1XRTT Express Network



To: Eric L who wrote (4927)2/8/2002 10:19:22 AM
From: elmatador  Read Replies (1) | Respond to of 5390
 
Samsung bigger than Ericsson in cell phones
DI Feb 8, 2002
South Korean electronics giant Samsung is selling more mobile phones worldwide than Ericsson Sony, and continues to take market shares. The company's focus on the high-end segment allows it to achieve profit margins equal to Nokia's, Samsung vice president Il-Hyung Chang tells Dagens Industri.
"We aim to be largest on the most important markets. Of course, there is a big gap between us and Nokia. But in Western Europe and North America we are growing faster than our competitors," says Il-Hyung Chang. Samsung has made rapid progress since entering the cell phone market in 1997. The Korean firm sold half as many phones as Ericsson in 2000.
Last year, Samsung had a 7.5 percent global market share, compared to 7.3 percent for Ericsson. Nokia confirmed its position as mobile master with 35.6 percent, followed by Motorola, 15.7 percent. (DI)