Nokia's Claim: Mobile Phone Sales Exceed Market Growth Rate

Compiled ByJohn S. McClenahen The global mobile phone market volume for the year 2000 was about 405 million units, a 45% increase from 280 million units in 1999, estimates Nokia Corp., Espoo, Finland. But, brags Nokia, its mobile phone sales in 2000 reached 128 million units, 63% better than the 78.5 million sold in 1999. The company's preliminary market estimates also show that the global mobile phone subscriber base is now more than 700 million users, or about 12% of the potential market.