Tags: No-Name | Companies | Cell | Phone | Market

Atlantic: No-Name Companies Dominating Cell Phone Market

Monday, 19 Sep 2011 12:09 PM


MicroMax. Spice. Tianyu. Maxx Mobile. Videocon. Karbonn.

Adult movies channels, right? Wrong. These companies, make cell phones and are rapidly eating away at market share held by big names like Samsung, LG and Apple, according to Gartner Research, especially in the developing world.

Some are small operations, but others are growing.

"By Gartner's latest quarterly numbers, the top 10 cell phone makers — including all the big names you know like Nokia, Samsung, LG, Apple, RIM, and HTC — only control about 64 percent of the market. Since 2004, cell phone makers outside the top 10 have doubled their market share," The Atlantic reports.

"The sheer number of phones these smaller players are producing is staggering. They sold 153 million units, including the very popular grey market phones in China."

Some, The Atlantic points out, may become household names in the U.S. similar to HTC, the Taiwanese company that builds smartphones based on Android and Windows Phone 7 operating systems.

Right now, MicroMax, the top domestic Indian phone maker, is probably the leading candidate for "most promising phone maker outside the OECD and China," says Neil Shah, an analyst at Strategy Analytics.

HTC, meanwhile, is considering expanding into new areas of the U.S.
The company is mulling a purchase of a new mobile operating system, HTC CEO Cher Wang told the Economic Observer of China, according to Mashable, a news website that focuses heavily on technology.

"We have given it thought and we have discussed it internally, but we will not do it on impulse," Wang says.

© 2017 Newsmax Finance. All rights reserved.

1Like our page
2Share
Markets
MicroMax. Spice. Tianyu. Maxx Mobile. Videocon. Karbonn. Adult movies channels, right? Wrong. These companies, make cell phones and are rapidly eating away at market share held by big names like Samsung, LG and Apple, according to Gartner Research, especially in the...
No-Name,Companies,Cell,Phone,Market
255
2011-09-19
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved