LG in top spot in CMDA cell phone market

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LG in top spot in CMDA cell phone market

LG Electronics grabbed the biggest slice of the global market last year for mobile handsets using CDMA standards, or code division multiple access. According to Strategy Analytics, a market research company, yesterday, LG sold 21.3 million units last year, accounting for 22 percent of the market. It ranked No. 3 in the previous year. Samsung Electronics ranked second after selling 20.4 million terminals, accounting for 21 percent. Motorola of the United States ranked third, with 18 percent. But in the mobile handset market using GSM standards, or global system for mobile communication, Nokia of Finland had the most market share, with 42 percent. Samsung ranked fourth, accounting for 10 percent, while LG Electronics had 2 percent. In the combined mobile handset market including both CDMA and GSM standards, Samsung Electronics ranked No. 3, with 11 percent market share, and LG Electronics fifth, with 5 percent. by Yoon Chang-hee
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