Handset sales reach half a billion in 2003

4 Feb 2004

According to IDC’s Worldwide Mobile Phone Qview report ,worldwide shipments of mobile handsets reached 533.4 million in 2003, an increase of 23.3% from 432.7 million the previous year. Of the total, 167.8 million devices were sold in the fourth quarter, a year-on-year increase of 29.7%. A number of worldwide equipment manufacturers increased their sales by tapping into emerging markets in Asia and eastern Europe. The highest growth was seen in India, Brazil and Japan, where sales were boosted by high-end camera and colour screen handsets.

At the end of 2003 Nokia held the number one spot in the equipment manufacturing market, shipping 179.3 million handsets in the year, giving it a market share of 33.6%; Motorola was in second place, having shipped 75.4 million and claiming a share of 14.1%, followed by Samsung (53 million and 9.9%), Siemens (45.3 million and 8.5%) and LG Electronics (27.5 million and 5.2%).