Sagem making gains in Latin America

9 Dec 2004

French mobile handset maker Sagem says it expects to boost its share of the Latin American handset market to 3.5% by the end of the year, according to BNamericas. The vendor claimed just 1.2% of the market at the end of 2003, but has made ground on more established players by targeting the entry-level sector for GSM operators. To ensure future growth, Sagem has diversified into the mid to high-end sector with the introduction of eight new terminals, including a smartphone which was launched in Chile last week. The French company now serves at least one GSM operator in every Latin American country.