Nokia 96 |Contract Mobile Phones

1 Billion Mobile Phones Sold Worldwide In 2007

Posted on February 29, 2008
Filed Under Top News |

One billion mobile phones were sold worldwide in 2007, according to a report by Gartner, with 435 million of them sporting the Nokia brand name.

This is the first time mobile phone sales have passed the billion unit mark in a single calendar year, with the largest engine of sales growth coming from China and India, as these emerging markets tap into an apparent societal need in emerging markets.

Samsung, Sony Ericsson and LG all increased their market share to the detriment of Motorola, which lost its second-place market position to Samsung during the fourth quarter.

Total sales actually surpassed 1.15 billion units in 2007, a 16 percent increase from 2006 sales of 990.9 million, according to the market research firm. Read More About It

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