Cell phone shipments up 24% in Q4

Jan 28 2005 - 01:18 PM ET | In The News

Research firm IDC reported yesterday that fourth quarter mobile phone sales were up 24% over the same quarter last year. A total of 194.3 million units were sold in the quarter and 664.5 million were sold in all of 2004.

The latest market share figures (Q4):

  1. Nokia - 34%
  2. Motorola - 16.4%
  3. Samsung 10.9%
  4. LG 7.2%
  5. Siemens 6.9%
  6. Other - 24.6%

In related news, 2005 is still being looked at as a growth year, but not to the extent 2004 was. A Strategy Analytics researcher is estimating 8% growth in total unit sales (735 million units).