Samsung Electronics Co. sold 406 million hand phones around the world last year, according to a report by International Data Corp. (IDC)

The sales figures are a 22.7 percent jump from the preceding year with the company’s global smartphone market share coming to 23.4 percent.

The company sold 406 million smartphones around the world, up 129.1 percent from the previous year, with its global market share jumping 11.3 percent to 30.3 percent, overtaking Nokia whose sales of smartphones fell 19.5 percent to 335.6 million sets. The Finnish company’s global market share dropped to 19.3 percent, the IDC report said.

Apple sold 135.9 million smartphones, up 2.4 percent from 2011, grabbing 7.8 percent of the global market share, ranking it third below Nokia. China’s ZTE sold 65 million smartphones with its global market share at 3.7 percent followed by LG Electronics with 55.9 million, ranked fourth with 3.2 percent of the global market share for smartphones.

China’s Huawei has moved up in the world market for smartphones, selling 10.8 million phones in the fourth quarter of last year, grabbing 4.9 percent of the global market, putting it in third place for the quarter after Samsung and Apple. Samsung sold 63.7 million (29 percent) phones and Apple sold 47.8 million sets (21.8 percent) in the same period. Sony took fourth (4.5 percent) and ZTE was fifth (4.3 percent).

Huawei’s sales in the fourth quarter of 2011 amounted to 5.7 million sets, or 3.5 percent of the global market share, but the figures jumped 89.5 percent in Q4 of 2012, which has been considered remarkable as it was achieved while its competitors such as Nokia and HTC saw their sales drop. Huawei has been focusing on low-priced smartphones. Huawei introduced a new smartphone with a 6.1 inch wide screen named “ascend mate.” 

Galaxy Note 2 produced and marketed by the Samsung Electronics Co.