7.29.2011

Global Handset Shipments Reach 361 Million Units in Q2 2011

According to the latest research from Strategy Analytics, global handset shipments grew 13 percent annually to reach 361 million units in the second quarter of 2011. Nokia slipped to a level not seen since 1999, while Apple closed the gap on LG for third position.

Alex Spektor, Senior Analyst at Strategy Analytics, said, “Despite multiple debt crises and economic volatility worldwide, global handset shipments grew 13 percent annually to reach 361.1 million units in Q2 2011. Apple was a star performer during the quarter, as it shipped a record 20.3 million units and closed the global market share gap with LG to its lowest ever level of just over one point. LG’s 3G smartphone volumes are expanding fast but the Korean vendor is struggling to grow in the 2G feature phone and basic phone sub-categories.”