Sony Ericsson posts fastest growth in Q3

20 Oct 2006
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Mobile phone shipments rose 22% in Q3 to hit a record 256 million units. With 716 million units shipped globally during the first nine months, Strategy Analytics forecasts output of one billion units in 2006 -- up 22% from 2005.

Strategy Analytics reports that amid further signs that 'Razr mania' has peaked, Motorola lost its crown as the world's fastest-growing top-six vendor for the first time since Q1 2005.

High demand for the Walkman and CyberShot ranges helped Sony Ericsson to record the fastest growth, 43% annually, compared with a slightly lower 39% from Motorola.

Meanwhile, Nokia reached its highest mark for three years, registering 89 million units for a 35% share. But it reported a 4% drop in its Q3 profit.

Samsung added one point to its market share, due to healthy sales of its new Ultra Edition portfolio of slimphones. In contrast, despite the wildly popular Chocolate family, LG ! registered just 6% annual growth; its slowest rate since our records began.

BenQ-Siemens continues its almost inevitable movement to market exit.

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