Kenneth Li
Study Puts 2002 Cell-Phone Sales at 423 Million
Samsung leapfrogged competitors to the No. 3 spot last year, with sales rocketing 47.6% to 41.6 million units. A strong portfolio of handsets across all major technology standards helped the company secure a 9.8% market share last year.
Sony Ericsson, which went through its first full year as a joint venture, saw sales drop 14.3% to 23.1 million units. Its 2002 market share fell to 5.5% from 6.7%. Despite strong sales of its popular T68 and T68i phones, with color screens, it was not enough to offset a weaker product portfolio. The company is hoping that its recently launched lineup of new handsets will help it improve its situation. It is aiming to reclaim between 7% to 10% of the market this year.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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