U.S. market research firm Strategy Analytics (SA) is reporting that two of South Korea's top consumer electronics manufacturers have captured almost half of the North American mobile handset market in Q2 2009. It reports that Samsung Electronics Co. and LG Electronics Inc. had a combined market share of 47.3 percent during the quarter in North America.
Samsung sold more units than LG, with a total of 11.7 million Samsung handsets being sold in the United States and Canada during the quarter. This converts into about 24.7 percent of the market share in the region. LG manufacturers handsets sold 10.7 million units in the region during the quarter, representing about 22.6 percent of the market.
In contrast to these figures, Nokia Corp., the Finland-based handset maker that dominates the global market outright, captured just 6.8 percent of the market, down from 7.9 percent in Q1 2009. The success of the Samsung and LG phones is attributed to both companies stepping up efforts in the region to provide a diverse range of products.
In contrast to these figures, Nokia Corp., the Finland-based handset maker that dominates the global market outright, captured just 6.8 percent of the market, down from 7.9 percent in Q1 2009. The success of the Samsung and LG phones is attributed to both companies stepping up efforts in the region to provide a diverse range of products.
