Analysts have said South Korea’s Samsung Electronics has outsold Nokia in the first quarter of the year, ending the struggling Finnish handset maker’s ‘s 14-year leadership of the global mobile phone market for the first time ever, Reuters has reported. On average, analysts expect Samsung to have sold 88 million phones in January through March, exceeding the 83 million which Nokia sold in the quarter. “After 14 years as the largest global mobile phone maker, getting knocked off the top spot will come as a bitter blow to Nokia,” said Ben Wood, head of research at CCS Insight, who has followed the industry since the 1990s. “In contrast it will be greeted with euphoria by Samsung — they’ll be dancing from the boardroom to the factory floor,” Wood said.
Author : Syed Rajowan