Distributor updates

Good news!, after 15 consecutive months of market decline the European GSM industry grew by 5% in Q3 2009 compared to the same period 2008, the ICI reported yesterday.

There was incredible movement in the market with Nokia coming under increasing pressure from Samsung, who we recently reported sold over 40m Smartphones this year and or course the ever impressive Blackberry, who are estimated to have increased sales by 87% on this period last year.

According to our statistics on gsmExchange's Top Ten Requested Modules, the only saving grace for Nokia is the continued high demand for their low end 1208 and 2700 which continues to be popular in certain markets.

LG, who we reported yesterday exceeded the 10m milestone in global sales of their KP500 has overtaken Sony Ericsson into third place after a very impressive 5.1m sales in handsets.

The Motorola Android recorded growth of 5.4% in Q3 and although the Europeans haven't taken to it as well as consumers in North America, the result is still positive for Motorola.

Trading on gsmExchange.com was consistent with the ICI report with Blackberry and Samsung featuring heavily among the 30m handsets offered and requested on the trading floor during Q3.

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