Mobile Phone Sales Set Record Pace
Global sales of mobile telephones surged a record 35 percent to 156 million units in the second quarter from the same period in 2003, a study published by the US research group Gartner showed. According to the study, more than 300 million handsets were sold between January and June, leading to a full-year sales forecast of at least 620 million units, compared with 520 million in 2003.
But if the current red-hot sales pace continues, global handset sales would reach 650 million units in the full year, Gartner analyst Ben Wood said. According to the study, industry leader Nokia increased its market share to 29.7 percent in the second quarter from 28.9 percent in the first three months of 2004. Full story Here.