Market analysts believe Motorola is catching up with market leaders Nokia

Market analysts believe Motorola is catching up with market leaders Nokia

Market analyst iSuppli Corp. has said in a statement that Motorola is successfully gaining on the market leaders in the mobile phone segment Nokia.

The company increased shipments of mobile phones by an industry-leading 5.8 million units during the second quarter of the current year.

iSuppli said in its report that Motorola’s mobile-phone shipments amounted to 51.9 million units in the second quarter. This was an improvement of 12.6 percent compared to the first quarter of the year.

With this, Motorola managed to improve its market share to 23 percent from 21 percent during the period.

Tina Teng, wireless communications analyst at iSuppli said in a statement: “U.S.-based Motorola continues to benefit from strong demand for its line of thin form-factor phones, most notably its wildly successful Razr. About 40 percent of Motorola’s second-quarter unit shipments were of its trademark thin form-factor phones, and 32.8 percent were Razrs. Motorola’s market-share gains were most notable in China, North America and India.”