Mobile phone shipments reached 371.8 million in the first quarter of the year and while the top five phone manufacturers haven't changed, other phone makers have managed to squeeze out the most of the situation and gain market share, according to data from market analysts IDC.
The big five are still headed by Nokia, which managed to sell 108.5 million handsets, translating into a 29.2% market share, down from 34.7% in the same period last year. Samsung is the second-largest phone maker, with a total of 70 million handsets or 18.8% of the market, a healthy grow over the 64.3 million units the company shipped in the first quarter of 2010.
LG Electronics is the only loser in the top five phone makers ranking third with 24.5 million shipped phones, or 6.6% share, down from 27.1 million in Q1 2010. It's also trailed by Apple, which managed to push 18.7 million iPhones in the quarter and capture a 5.0% share, but the company is the only one represented exclusively with high-end devices. ZTE is also showing growth with 15.1 million shipped handsets granting the Chinese company a global share of 4.1%.
Other manufacturers have grown their share, and we would look for the reason in Nokia's transition plan, which seems to have opened a lot of opportunities for other companies.