LG Electronics Takes Largest Segment of U.S. CDMA Market in 2004

LG Electronics, Korea's second-largest electronics maker, announced that it took the largest portion of the U.S. CDMA mobile phone market in 2004. CDMA (code-division multiple access) is one of the most commonly used third-generation mobile phone technology.

LGE Korea cited figures from a report from IDC, a U.S.-based market research firm, which named LG Electronics as the market leader for the second consecutive year.

According to IDC, LG Electronics shipped 15.99 million CDMA handsets to the United States to maintain the lead in terms of market share with 27 percent.

In the CDMA phone market, Samsung Electronics Co. trailed LGE with 18 percent and sales of 10.98 million units.

Finland's Nokia Corp. was ranked third with a 15 percent and sold 8.8 million handsets.

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