Most of handset manufacturers like Nokia, Samsung, Motorola and LG are trying hard to challenge the iPhone 3G. Most of these manufacturers are planning to launch their touch phones to counter Apple iPhone.
The handset market worldwide grew 15% year to year, to reach 297 million units in second quarter. Nokia took the lead by taking whopping 41.1% share, up from 40.9% in the first quarter, shipping 122 million phones. Samsung followed with 15.4% share and Motorola holding third place with 9.5% followed by LG at 9.3% and Sony Ericsson at 8.2%.
LG Electronic is expected to introduce the first Networked Blu-ray Disc Player which can be used for streaming Netflix videos. It will be the second set-top device compatible with Netflix instant-streaming offering. However, the first was $99 Roku player introduced earlier this year.