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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (10282)	6/8/2004 8:54:49 PM
From: Proud_Infidel	Respond to of 25522

Global mobile phone sales up 34% in Q1, says Gartner Silicon Strategies 06/08/2004, 2:59 PM ET STAMFORD, Conn. -- Worldwide mobile phone sales totaled 153 million units in the first quarter of 2004, the highest figure for sales in the first quarter of a year, according to Gartner, Inc. and up 34 percent from the first quarter of 2003. Nokia remained the top ranked vendor although its market share slipped to 28.9 percent from 34.6 percent a year before. The next fiver vendors, Motorola, Samsung, Siemens, Sony Ericsson and LG all gained market share. Motorola scored 16.4 percent, Samsung 12.5 percent, Siemens 8.0 percent. Sony Ericsson, with 5.6 percent market share, was able to climb above LG with 5.3 percent. "Another record quarter of mobile phone sales resulted from an Asia/Pacific market buoyed by purchases for the Chinese New Year, healthy growth in emerging markets and surprising numbers of people in mature markets choosing to upgrade their phones," said Ben Wood, principal analyst for mobile terminals research at Gartner, in a statement. "Based on first quarter results, we believe worldwide mobile phone sales will exceed 600 million units in 2004." On a regional basis, higher-than-expected sales in Western Europe resulted from the continuation of Christmas sales promotions, as well as buoyant replacement sales. Gartner expects demand for 3G phones in Western Europe to rise in the second half of 2004, following the recent launch of 3G offerings by mobile operators Vodafone, T-Mobile and TIM. Mobile phone sales in North America grew 30 percent in the first quarter. Healthy competition between operators of CDMA and GSM networks brought attractive products to market. Consumers gravitated toward color phones, often with built-in cameras. In Asia/Pacific, sales were strong in Australia, China, India and Thailand. In China, the top Western makers continued to improve their distribution strategies to counteract growing competition from local and regional rivals. More than 11 million units were sold in Japan.