Samsung displaces Nokia as overall cell phone king
Samsung Electronics is the new leader in cell phones.
Already ahead of the pack in smartphones, Samsung extended its dominance over the entire worldwide handset industry by displacing longtime cell phone king Nokia, according to a study by IHS.
The role reversal illustrates how fast Samsung has risen, thanks largely to its Galaxy S smartphone franchise, and how far Nokia has fallen. Prior to this year, Nokia enjoyed a 14-year reign atop the cell phone market, though its past few years were propped up by its legacy Symbian platform.
Samsung controlled 29 percent of the overall cell phone market, and … Read more