Turnaround finally in global mobile phone market?

Late this week, there were three reports on the global mobile phone market!

First, IDC, which says that the mobile phone market had turned a corner in Q3, and more gains are likely in Q4-2009.

Then, ABI Research pointed out that the outlook for mobile phones continue to improve — with 291.1 million mobile handsets shipped in Q3-2009 — a contraction of 6.5 percent.

Finally, Strategy Analytics also reported that global mobile handset shipments fell 4 percent year-over-year, to reach 291 million units in Q3 2009.

One other interesting aspect — while the top five vendors — Nokia, Samsung, LG, Sony Ericsson and Motorola — either held on or lost a small amount of their market share, Apple has increased its share to 2.5 percent — a figure common with both ABI Research and Strategy Analytics.

Well, all of this can only be good news for the global technology industry as well as the global mobile phone market — both of whom have had to face the wrath of probably the longest ever recession! Perhaps, it is also a good news for the mobile phone semiconductor market as well!