The worldwide mobile phone market grew at a healthy pace during the third quarter of 2007 with vendors shipping a total of 289.1 million units, according to IDC’s Worldwide Quarterly Mobile Phone Tracker. Worldwide shipments were up 9.0% from the previous quarter and 13.8% from the same quarter a year ago. Growth was driven by a combination of high-volume shipments of affordable handsets into emerging markets and high-end, feature-packed devices into mature markets. The leading vendors improved both revenues and profits, in some cases building on double-digit operating profit margins as they balance their product portfolios.
The World’s Top 5 Leading Phone Manufacturers
1) Nokia
2) Samsung
3) Motorola
4) Sony Ericsson
5) LG Electronics
Source: IDC
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