Samsung Electronics is Poised to Oust Nokia in India

Write : 2013-03-26 13:29:32 Update : 2013-03-26 19:49:24

Finnish mobile company Nokia is being edged out of its last stronghold, India, by South Korean electronics giant Samsung Electronics.

The Wall Street Journal reported Nokia held a 26 percent share of the Indian handset market, where 170 million units were sold last year, whereas Samsung held a 22 percent share according to mobile research firm Canalys.

On a worldwide basis, Samsung has already outsold Nokia in terms of handset sales and is now poised to oust Nokia in India’s market with its inexpensive handsets.

India is Nokia’s largest market. The company sold a total of 336 million handsets worldwide last year, 13 percent of which was sold in India.

However, that number is set to shrink as Samsung revealed an inexpensive cellphone line in February, threatening the edge Nokia had with its handsets with prices ranging from 20 to 150 dollars.

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