Nokia sees growing market share

Nokia, the world’s leading mobile phone supplier, said on Monday it was raising its second quarter prospects and was expecting increased market share in the April-June period.

Nokia had previously predicted that its market share would stagnate in the second quarter compared with the first, when it had 36 percent of global sales.

The company now says its second quarter share should increase, "as excess device inventory in the market has sufficiently cleared."

Nokia said its full-year 2007 market share should also increase when compared to 2006, when it came to 36 percent.

Of the 253 million mobile phones sold worldwide in the first three months of the year, 91.1 million were made by Nokia and 45.4 million by the number two manufacturer, the US group Motorola.

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Nokia sees growing market share