They are buying because they are in need of a replacement device, and in some cases, a first time smartphone. As Huawei share continues to fall coupled with the recent announcement of LG exiting the smartphone business market share is up for grab. In 2Q21 we saw some fairly significant ranking shifts among the big brands most notably Xiaomi moving into the second spot for the first time in history, moving Apple to third spot. Regionally, when you look at markets where Huawei primarily plays China and the same for LG USA , different vendors stand different chances of gaining that share.
More than 10 million Nokia phones shipped during Q1 2020
More than 10 million Nokia phones shipped during Q1 | Nokiamob
From market domination to sell-off in less than 10 years. Whenever you turned on one of Nokia's legendary handsets, you always got the same thing: that famous signature logo, holding hands. And for more than one generation, it was hand-holding Nokia did best - carrying people through, bit by bit, the mobile revolution. Because way before we were shouting, "Damn you autocorrect", we were grappling with new-fangled predictive text.
Why Nokia can't crack the U.S. market
Smartphones have been, and will be the absolute top-sellers, they have become our everyday companions. Nokia used to be the number one mobile phone supplier in terms of sales and marketing innovation for decades, before they failed to join the major shift to the most profitable and fastest growing mobile phone segment: smartphones. This is exactly the market, Nokia is planning to take over.
Are you interested in testing our corporate solutions? Please do not hesitate to contact me. The most important key figures provide you with a compact summary of the topic of "Nokia" and take you straight to the corresponding statistics.