Mobiles Get Emerging Markets Lift

Monday, January 30, 2006

Global mobile phone shipments grew by 19% last year, helped by strong demand from emerging markets such as India and Africa, according to a study.

A record 810 million units were shipped with emerging markets accounting for half of total global sales, research firm Strategy Analytics said.

The firm predicted one billion units would be sold in 2007 if the rate of sales in emerging markets continued.

“2005 was the year of the emerging market,” the company said.

The research also found that Motorola had achieved an 18% market share in the final quarter of 2005.

“The iconic one billion total will be surpassed in 2007 if emerging first-time buyers continue to surge and replacement rates in mature markets, such as North America, can be sustained.”

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Source: BBC News World Edition (link opens in a new window)