According to the U.S.-based marketing research firm Strategy Analytics, Korean mobile-phone makers make great strides in sales during the second fiscal quarter.
Global mobile phone sales by Samsung Electronics Co. and LG Electronics grew 91 percent and 88 percent, respectively, thanks partly to a dramatic rise in demand from North America.
Major firms such as Nokia saw only 10.9 percent year-on-year growth and Motorola saw 53 percent growth. Strategy Analytics noted that Korean manufacturers did better than their rivals in all aspects, including product development, technology advances and marketing.
The research firm attributed the sector's solid growth in the second quarter to advanced-market consumers buying new models, as well as new demand coming from emerging markets like South America.
Strategy Analytics predicted sales growth will slow in the third quarter and the sector could suffer from a parts shortage in the fourth quarter.
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