Symbian Up 52% As Nokia Sales Soar

August 28, 2007 – 1:56 pm

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Symbian has reported an impressive quarterly sales increase of 52%. The company makes high end operating software for SmartPhones, and as goes Nokia, so goes Symbian. Luckily for them, Nokia has been going strong.

Symbian, which is 47.9%-owned by Nokia, the world’s largest handset manufacturer, said that more than 18.7 million handsets containing the operating platform were shipped in the second quarter. This means that more than 145 million Symbian smartphones have shipped since Symbian was founded in 1998, said the company.

Symbian revenue increased 7% to GBP44.1 million, helped by strong demand for smartphone devices in Japan and the proliferation of high-speed data networks on which multimedia handsets rely.

The Nokia N-Series phones are driving the growth, as more people adopt the high-end technology. “We’ve had significant growth over the past few years. More and more people want smartphones and the camera and music functionality they offer,” said Symbian Chief Financial Officer Thomas Chambers in his interview with Dow Jones Newswires. “Nokia’s N-Series phones are also seeing a lot of traction.”

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