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Slower Year for Mobile Handset Sales

July 13th, 2005 Posted in Wireless

After the mobile device market saw double-digit shipment increases in recent years, In-Stat is looking for modest growth of 6% in 2005. The research firm said the lower growth is caused by some mature markets being close to totally penetrated while some emerging markets are seeing weaker-than-expected sales. The leading five handset makers (Nokia, Motorola, SonyEricsson, etc.) control 80% of the global market, which will be worth about US$112-billion this year.

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