Samsung displaces Nokia to become World’s No.1 mobile brand

Samsung has left Nokia behind to gain the world’s leading top mobile brand for the year 2012. This is the first time in 14 years that Nokia is not on top of the global cellphone business on an annual basis.

Samsung is expected to make around 29% of total worldwide cellphone shipments. It was 24% in 2011. Nokia’s share for 2012 will fall to 24% from the 30% market share in 2011.

Apple stands at third position with expected 10% market share in 2012.

Month: Current Affairs - December, 2012