Samsung and Lg Break New Records In Q3 Sales

The mobile phone market showed slight signs of recovery in Q3 2009, as 290.5 million cell phones were sold during the quarter – a 5.6% increase when compared to Q2 2009.All five major handset vendors sold more phones in Q3 than in Q2, save for Motorola, which slipped to fifth place, previously occupied by Sony Ericsson.

Samsung and LG, the two South Korean giants, both broke new records. Samsung shipped more than 60 million phones in a quarter for the first time, so it now controls more than 20% of the market, as expected. LG shipped only 31.6 million units, but it is its highest number to date.

Here’s the top five handset vendors for Q3 2009:

• Nokia – 108.5 million units, 37.3% market share
• Samsung – 60.2 million units, 20.7%
• LG – 31.6 million units, 10.9%
• Sony Ericsson – 14.1 million units, 4.9%
• Motorola – 13.6 million units, 4.7%
• Others – 60.1 million units, 21.5%

q3 profits, mobile profits q3, nokia q3, samsung q3, lg q3, sony ericsson q3, motorola q3