Riding on its success of galaxy series, Taiwanese Electronics giant Samsung has finally taken the throne of World’s largest cell phone maker from Nokia. However, Apple still remains the largest smartphone maker, and Samsung is giving it a run for it money. Nokia despite pushing hard on its collaboration with Windows could not retain its leadership.

It is estimated that Samsung shipped nearly 92 million phones during the first quarter while Nokia only managed 83 million. In the Smartphone market, it was a tough competition with Apple selling nearly 35 million units of its popular iPhone range. Samsung was not far behind with 32 million phones, followed by Nokia with 12 million and RIM with 11 million units.

With the ever growing increase of smartphones, the competition for the top palce is heating up gradually. Samsung which is an electronic giant has been getting 40% of its overall revenue from cell phone market and it seems that the company’s continued R&D investments into its cellphones market has finally paid off. What is more profound is that the company’s much awaited latest flagship phone Samsung Galaxy S III is slated to launch soon, which would further heat up the competition skyrocketing Samsung’s sale figures further.