HMD Global sold 21 million Nokia phones in the third quarter of 2017
Nokia’s return to the smartphone market has been a fairy tale in the making.
The battered and abused stalwart is forced to submit by the Apple and Samsung of the world. He then tries to go back and fight the big boys.
How has HMD Global’s new Nokia performed? According to the latest IDC report, not bad. However, this is a remarkable story.
According to IDC’s third-quarter 2017 report, HMD Global saw a 50 percent increase in smartphone shipments.
It is a notable contrast to the average annual growth of other smartphone vendors on the market.
Xiaomi is the only smartphone provider that has seen an increase of more than 50% year-over-year.
Surprisingly, Nokia ranks eighth on the top 10 smartphone makers list, just above LG and Lenovo.
Although the IDC report does not show Nokia’s year-on-year growth, nokiamob.net calculated the number of phones Nokia sold from HMD Global using a graph from the report.
Additionally, they estimate that Nokia sold 20.8 million feature phones and smartphones in the third quarter of 2017, with a tolerance of 0.05.
We know that Nokia sold 12.4 million phones (feature phones + smartphones) in the second quarter of 2017 and 12.1 million phones in the first quarter of 2017.
HMD Global and Microsoft sold 35 million feature phones worldwide, representing 8.9 percent of the entire market.
It is not clear how many of the 21,000,000 phones sold in the third quarter of 2017 were smartphones. Rumors suggest that Nokia sold nearly 3.4 million smartphones during the third quarter of 2017.
Apple is a distant second, while Samsung leads the charge.
Samsung is the market leader of other vendors with a 22% market share. Apple has a 12 percent market share, while Xiaomi is approaching 100 percent year-on-year growth.
Chinese suppliers from China dominated the market in India and China during the third quarter of 2017.
However, Oppo, Vivo, and Xiaomi have overtaken Apple and Samsung. While Samsung is the dominant brand in India, Chinese brands are challenging local brands like Micromax.