Samsung, Apple Hold Half Smartphone Market as Sales Surge

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Samsung Electronics Co. and Apple Inc. held half the global smartphone market last year as shipments worldwide gained 43 percent, Strategy Analytics said.

Global shipments rose to a record 700 million units in 2012 from 491 million a year earlier, the market researcher said in a statement. Suwon, South Korea-based Samsung boosted its share to 30.4 percent from 19.9 percent in 2011, according to the statement. Apple held 19.4 percent of the market, compared with 19 percent previously.