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Wednesday, November 23, 2005

Mobile phone sales still increasing

Despite a tiny warning earlier on this side that penetration of mobile phones amongst the population is nearing saturation in many markets, well, handset sales still grow rapidlu, now driven by replacement of older models.

"Handset sales hit 205 million, said research firm Gartner, which forecast total sales of 810 million for 2005.

Nokia continues to lead the market with a 32% share, but Motorola saw a big boost in sales as it sold 12 million of its Razr phones.

Sales grew more slowly than the 26% seen in the same period of 2004 - but surged over 40% in Eastern Europe, Africa and Latin America."

But clearly, it is not going to get easier for handset producers that see increasing competition not only from other, smaller brands, but also from other markets competing for their client's pocket.

(By Asia Business Consulting)