Samsung Electronics largest smartphone

Reuters

Samsung Electronics Co Ltd will become the world's largest smartphone maker this quarter, overtaking struggling Nokia Oyj which has lead the market since 1996, Nomura said on Monday.

Nokia looks set to relinquish its smartphone crown to Samsung and Apple," Nomura analysts said in a research note. Research firms Gartner and Canalys both said they saw Nokia -- which created the smartphone market with its 1996 launch of the Communicator model -- losing smartphone volume leadership later this year.

Overall, Nokia still makes more cellphones than Samsung due to its strong position in basic cellphones and its wider distribution network in emerging countries.

Source : reuter