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Fri, Oct 10, 2003 - Page 12 News List

Nokia and Siemens gain as cellphone shipments rise 13%

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Nokia Oyj, Siemens AG and Motorola Inc increased their mobile-phone sales and market shares in the first half of the year as new models boosted shipments in Western Europe 13 percent from the year-earlier period, a market researcher said.

Shipments rose to 55.5 million units from 49.3 million in the first half of last year, a study by Strategy Analytics showed.

Nokia widened its lead with sales of models such as the 7250 camera phone. Motorola Inc took the No. 3 spot from Samsung Electronics Co.

"Nokia, with half the Western European market, has an iron grip and is effectively competing with itself," said Neil Mawston, an analyst at Strategy Analytics, in an e-mailed release.

Demand is reviving as Nokia, Siemens and rivals introduce handsets with cameras, games and e-mail capability. Growth will probably continue in the second half, aided by new models and the recovery of Western European economies, the researcher said.

Nokia's market share rose to 49 percent in the six months from 44 percent a year earlier, Strategy Analytics said. The Finland-based company shipped 27.3 million mobile phones, 27 percent more than in the year-earlier period.

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