According to Strategy Analytics , Smartphone shipments grew 50 percent in January-March 2010 quarter, compared to the same quarter last year. This is the strongest growth in the last three years with Apple Inc and Nokia Oyj taking market share.
In Jan-mar 2010 quarter, about 54 million smartphones -- handsets with computer-like functionality -- were shipped. These smartphones accounted for 18 percent of the total handset market.
According to the research firm, the high-value smartphone market is leading the handset industry out of recession.
The reasons attributed to the record growth are:
-- Operator subsidies
-- Vigorous competition between vendors
-- Influx of lower-cost models that are using operating software like Symbian and Android
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