Samsung ends Nokia’s 14-year reign, becomes world’s largest cellphone vendor
Samsung has overtaken Nokia as the world’s largest cellphone vendor according to a report by Strategy Analytics. Samsung sold 93.5 million handsets in the first quarter while Nokia sold 82.7 million handsets during the same period, ending the Finnish giant’s 14-year rule as the world’s largest cellphone vendor.
Samsung now controls over 25 percent of the global cellphone market while Nokia’s share has dropped to slightly over 22 percent. In India, Samsung had about 32 percent of total cellphone market share and is expected to leapfrog Nokia as the country’s largest cellphone brand this year. It already is the largest smartphone vendor in the country with about 41 percent market share and has ambitions to cross 60 percent this year.