<div class="custm_img_blk"><img src="http://www.techgig.com/files/photo_1335580221_temp.jpg" border="0" align="left" /></div><p>South Korea's Samsung Electronics Co (<span>005930.KS</span>) overtook Nokia (<span>NOK1V.HE</span>) as the world's top handset maker for the first time in the first quarter, ending the Finnish firm's 14-year reign, a report by research firm Strategy Analytics showed on Friday.</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 5px; margin-left: 0px; padding: 0px">Samsung sold 93.5 million handsets in the first quarter, taking 25.4 percent of the global mobile phone market, Strategy Analytics said.</p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 5px; margin-left: 0px; padding: 0px">Nokia sold 82.7 million phones and had 22.5 percent of the market, followed by Apple's (<span>AAPL.O</span>) 9.5 percent.</p>
<a href='http://techgig.com/tech-news/editors-pick/Samsung-overtakes-Nokia-as-world-s-top-handset-vendor-12014'>View More</a>
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