LG Electronics beats Nokia in global mobile phone market

LG Electronics beats Nokia in global mobile phone market
Models pose with LG smartphones.

Apple and Samsung dominated the global market for mobile phones in the first quarter of this year, while LG Electronics reached a distant third for the first time, data showed on Monday.

According to Strategy Analytics, Apple held a 34.2 per cent global mobile phone market share based on sales, followed by two South Korean companies - Samsung with 30.4 per cent and LG Electronics with 4.2 per cent.

Sony was ranked fourth with 3.3 per cent, narrowly ahead of Nokia. Chinese phone makers Xiaomi and Huawei took sixth and seventh, respectively.

Overall global mobile device sales reached US$75.8 billion (S$95 billion), up 7.5 per cent from the same period last year.

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