The Technology Inventory

Culling the latest technology news across the globe. From ideas that are bound to innovate, to ideas already making waves. Look into products and concepts, tips and the latest changes in various industries and fields. Be inspired by these science and technology breakthroughs.

Also check out the Telecom Inventory and the Resources Inventory

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Who’s leading the smartphone industry?

Despite news of the much-awaited iPhone 5 hitting the shelves soon, Apple is still lingering behind South Korean competition Samsung. This, in spite of the decreasing global demand for mobile phones.

Just two months since its release, Samsung’s Galaxy S3 already sold 10 million units, boosting the total number of mobile devices sold by the company to a staggering 90.4 million units for the second quarter alone. The numbers exceed the previous quarter and suggests a 29.5 percent increase in sales.

Apple’s share of the market is at 6.9 percent after selling 28.9 million iPhones. The American company’s share is dwarfed by the East Asian company’s 21.6 percent cut. European mobile phone manufacturer Nokia on the other hand, holds on to second although it comes with a declining market share. It’s hold of the mobile phone industry has decreased to 14.8 percent.

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