Samsung Beats Motorola In Market Share
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CHICAGO - Catching Nokia has been an obsession at Motorola. But is the Schaumburg, Ill.-based handset maker catching the Asian flu?
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Samsung is now the world&#39;s second-largest mobile phone maker, behind Nokia. According to market watcher Gartner, the South Korean company has finally knocked Motorola into third place.
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Samsung&#39;s net income rose to US$2.34 billion from $1.60 billion last year. Sales gained 27.4 percent to $12.9 billion from $9.
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Shares in Sprint Nextel Corp.   surged as much as 16 percent in afterhours trade after a  media report South Korea&#39;s SK Telecom Co. (017670.KS) was  preparing to bid for the No. 3 U.S. wireless company. Shares in  South Korea&#39;s top mobile phone operator also jumped as much as  4 percent early on Tuesday following the report.
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Canât meet price, or see point Mobile Handset Analyst (PDF) is reporting that Motorola has decided not to compete in the GSMA-sponsored extension to the Emerging Market Handset: 3G for All.â¦
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Motorola Inc., the No. 2 mobile phone  maker, said on Wednesday it expects sales of phones based on  the WCDMA third-generation technology to more than quadruple  next year, helping it claw back market share.
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Motorola Inc. , the No. 3 worldwide maker of cell phones, on Tuesday said quarterly earnings rose, helped by robust holiday sales.
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U.S. telephone carrier customers of Samsung Electronics saw slowing sales of cell phones towards the end of the 2007 holiday shopping period, which was a strong sales period for Samsung, a top executive for the phone maker said on Sunday.
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Motorola Inc., the No. 2 mobile phone maker, said on Wednesday it expects sales of phones based on the WCDMA third-generation technology to more than quadruple next year, helping it claw back market share.
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Motorola Inc. MOT.N, the  second-largest mobile phone maker, said on Tuesday it expects  to sustain strong sales growth in the second half of 2004 on  new handsets, sparking its stock to rise as much as 7 percent.
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Motorola Inc. MOT.N, the world's No.  2 maker of cell phones, on Tuesday said its quarterly profit  more than tripled, but growth in handset volumes disappointed  Wall Street and its shares fell 4.5 percent.
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South Korean mobile phone makers continued a rapid move up the global market rankings during the third quarter, while growth in the wider mobile phone market slowed, a survey found on Wednesday.
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Its net income during the June to September period was 2.69tr won (Â£1.2bn), 46% up on the same period a year earlier. During the period, which is Samsung Electronics&#39; fiscal third quarter, the company said
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Nokia remains No. 1, but Sony Ericsson shipments surpassed those of LG and gained on Samsung during fourth quarter.
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Concern over falling profit margins at  Samsung Electronics Co. Ltd. grew on Thursday as the company  said it was spending more on handset marketing and a top broker  issued a "sell" rating on its stock for the first time in  years.
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Samsung's LCD TV market share rose to 14.2 percent last quarter, putting it in the lead in North America.
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Motorola Inc. MOT.N is betting it can  win more business from U.S. mobile phone company Sprint Corp.  FON.N as a result of Sprint's planned takeover of Nextel  Communications Inc. NXTL.O, Motorola's chief strategist said.