 | Top mobile makers lose out to small players
13 November, 2010
The world's top cellphone makers are losing out to small players in Bangladesh market as cheaper prices have lured users to switch over to non-brand handsets.
Positions of US-based Motorola, LG, Sony Ericsson, a joint venture of Japan and Sweden, slipped back in the last 10 months ending October, according to a report prepared by mobile set manufacturers.
The mobile phone companies have prepared the report, compiling data from customs offices and retailers.
The report also said all the large manufacturers, except Nokia, lost grounds to companies that make handsets, which have little brand value.
At 49.9 per cent market share, the Finnish handset maker Nokia remained top seller in the country during January-October period.
"We had market shares worth 56 per cent even in 2009. We lost good shares to the non-brand mobile set makers," said a senior official of Nokia Bangladesh.
Release link:http://www.thefinancialexpress-bd.com/more.php?news_id=117470&date=2010-11-13
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