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): # Nokia - 34% # Motorola - 16.4% # Samsung 10.9% # LG 7.2% # Siemens 6.9% # 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).