Finnish mobile phone maker Nokia tightened its grip on the global mobile phone market in the third quarter of 2000, figures showed today, with Germany's Siemens also gaining at the expense of Motorola and Ericsson.
Figures from research group Gartner Dataquest showed Nokia with a market share of 30.6 per cent, more than double that of closest rival Motorola, which had a 13.3 per cent share. Sweden's Ericsson came third with 9.7 per cent of the market.
Germany's Siemens also made big strides, moving up to number four worldwide after its third-quarter market share surged 3.1 percentage points to 8.6 per cent, overtaking France's Alcatel and Japan's Panasonic.
Shares in the companies were largely unmoved by the figures. But Motorola ended off almost 6 per cent overnight in New York.
Analysts said the new figures reinforced trends seen earlier in the mobile market, with Nokia and an aggressive Siemens taking market share while Motorola and Ericsson - both with troubled mobile units - faltered.
Reuters