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Thursday, May 12, 2011

Samsung surpass Nokia's Dominance in Europe


Samsung is able to sell more phones than Nokia in Western Europe market in the first quarter of this year.

Similarly, according to data from Market Intelligence group IDC.

Finnish company's market share for smart phones and simple handset in the region fell from 32.7 percent in early 2010 to just 27.9 percent in the first quarter of this year.

In addition to Samsung, other companies such as the manufacturer of BlackBerry, Research in Motion, HTC which focus on Android phones, and Apple posted a growth.

Smart phones now account for 47 percent of total mobile phone sales, up 76 percent year on year. Nokia has a poor sales performance in the smartphone market.

A plan to restore its position by adopting a platform of Microsoft's Windows 7 Phone does not bring results until the end of the beginning of 2011.

The lack of sales of mobile Windows 7 Phone by HTC and Samsung are not able to convince analysts and stocks both fell 8.5 percent within five days, continue the pressure that made the company lost 20 percent of its market value in the last 12 months.

Nokia is in the process of cutting more than 7,000 employees worldwide, nearly 2,000 of them in Finland.

In front of the press, Stephen Elop, a former Microsoft executive and now serves as chairman of Nokia, along with Stephen Ballmer, Microsoft's chief executive, said that the strategic alliance by Nokia and Microsoft will affect the current war exosystem.

And, the alliance the two companies to manufacture a scale unmatched in the world, he revealed, as reported by the Telegraph.