According to a report by research firm IHS iSuppli, Samsung is the top smartphone maker of 2012. It seems that Samsung now has about 28 percent of the global smartphone market in 2012, and Apple comes second with a share of 20 percent and Nokia now has only 5 percent share.

[box_light]”The competitive reality of the cell phone market in 2012 was ‘live by the smartphone; die by the smartphone,'” Lam said a senior analyst for wireless communications at IHS. “Samsung’s successes and Nokia’s struggles in the cell phone market this year were determined entirely by the two companies’ divergent fortunes in the smartphone sector.”[/box_light]

When it came to mobile phones Samsung comes first with  29 percent share, second comes Nokia with  24 percent share and third comes Apple with 10 percent share of the global smartphone market.

[box_light]”Samsung made significant gains in both the high end as well as the low-cost market with its Galaxy line of smartphones,” IHS iSuppli said. “This diversified market approach has allowed Samsung to address a larger target audience for its phones than Apple’s limited premium iPhone line.”[/box_light]

Source: pcmag