RIM breaks into top 5 in surging phone market

Blackberry maker Research in Motion broke into the top five cellphone makers in January-March for the first time, helped by 50 percent growth in the global smartphone market. The global handset market has been dominated by five major players — Nokia, Samsung, LG Electronics, Motorola and Sony Ericsson — for the last five years.

Blackberry maker Research in Motion broke into the top five cellphone makers in January-March for the first time, helped by 50 percent growth in the global smartphone market. The global handset market has been dominated by five major players — Nokia, Samsung, LG Electronics, Motorola and Sony Ericsson — for the last five years.But over the last two years Sony Ericsson and Motorola have struggled with falling sales and market share, and despite fast market growth, both firms reported sharp drops in sales volumes for January-March.To read this Reuters report in full, see:
uk.reuters.com/article/idUKTRE63T2FA20100430
in.reuters.com/article/technologyNews/idINIndia-48121120100430

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