Samsung becomes World's largest Cellphone brand
VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Samsung Electronics Co. Ltd. in the first quarter overtook Nokia Corp. to become the world's largest cellphone brand for the first time. However, Samsung remained in second place in the smartphone segment of the cellphone market, behind Apple Inc. The South Korean electronics giant shipped 92 million cellphones worldwide in the first quarter, compared to 83 million for longtime market leader Nokia.While Samsung's shipments declined by 13 percent compared to the fourth quarter of 2011, Nokia's dropped by 27 percent, as presented in Table 1. This allowed Samsung to raise one position to take first place. Wayne Lam, Sr. Analyst, Wireless Communications, HIS said, "With cellphones now accounting for more than 40 percent of Samsung's overall revenue, it's clear that the company's continued investments in smartphone hardware and software R&D are paying off. The company is not only cashing in on the mark