"Turkish mobile phone market to reach 10 million phones
Wednesday, August 8, 2007
In the first five months of 2007 4.3 million mobile phones were sold in Turkey. South Korean companies are catching up in the competition, led by Finnish Nokia, while Japanese-Swedish partnership SonyEricson is ranking third.Turkish mobile phone market, the sales figures of which reached 8.2 million units last year, attained a rapid rise in the first five months of 2007. Approximately 4.3 million mobile phones were sold in the first five months of 2007, almost matching the performance of the first seven months of last year. In May, 881,000 mobile phones were sold in Turkey, according to the latest report by GFK Türkiye. This figure stood at 551,000 units in May 2006.It is expected that the sales trend will grow further and that 10,000 mobile phones will have been sold by the end of the year. It is also expected that the sales volume will exceed 1.5 billion euros this year. Finnish mobile phone producer Nokia, which has over 50 percent market share in Turkey continues to lead the sector. Nokia is among the first eight companies with highest sales figures in Turkey. Moreover the company is advanced also in Third Generation (3G) phone models, which will start to be used from next year. The company owns the first five models in the ranking of 3G phones."
More:Turkish mobile phone market to reach 10 million phones - Turkish Daily News Aug 08, 2007
