Mobile phone shipments reach over 370 million in Q1 2011

Mobile phone shipments reached 371.8million in the first quarter of the year and while the top five phonemanufacturers haven't changed, other phone makers have managed tosqueeze 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 a29.2% market share, down from 34.7% in the same period last year.Samsung is the second-largest phone maker, with a total of 70 millionhandsets or 18.8% of the market, a healthy grow over the 64.3 millionunits the company shipped in the first quarter of 2010.

LG Electronics is the only loser in thetop 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 trailedby Apple, which managed to push 18.7 million iPhones in the quarterand capture a 5.0% share, but the company is the only one representedexclusively with high-end devices. ZTE is also showing growth with15.1 million shipped handsets granting the Chinese company a globalshare of 4.1%.

Other manufacturers have grown theirshare, and we would look for the reason in Nokia's transition plan,which seems to have opened a lot of opportunities for othercompanies.

source: IDCvia IntoMobile