Nokia remains the leading phone maker in the world, but its increase in market share from 36% in the fourth quarter of 2006 to 40% in the fourth quarter of last year is due to because of substantial growth in the Middle East and Africa, and modest growth in Europe, Asia-Pacific, and Latin America, the phone maker said.
In North America, Nokia's market share dropped to 5.1% in the fourth quarter, compared with 5.9% in the same period in 2006. The phone maker recently said it will roll out six to 12 new phones specifically for the U.S. market this year in order to regain its North American market share. For example, Nokia already announced that it will begin selling the 8-GB version of its N95 multimedia phone in the United States.
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