Samsung’s swift success in the smart phone market has placed the manufacturer at the top of both the global cellphone and smart phone markets, according to December forecasts by market research firm IHS iSuppli. Once stable in its dominance, Nokia’s position has steadily fallen, partly due to the company’s limited success in the smartphone market.
IHS iSuppli data indicated that Samsung accounted for 29% of worldwide cell phone shipments in 2012—up five percentage points from last year. Nokia, on the other hand, saw its 2011 lead of 30% market share drop down to 24% this year. Apple claimed the third-place slot again this year, but climbed several percentage points from 7% in 2011 to 10% in 2012. Read the rest at eMarketer.