November 22, 2004

Camera Phones to Get 99% of Local Market in 2005

South Koreans who want to purchase a cell phone without built-in cameras will have a hard time next year as camera phones will make up 99 percent of local sales, according to The Korea Times.

"The nation's handset manufacturers said Monday local sales of camera phones rocketed from 1.3 million in 2002 to 7.1 million last year. The figure is projected to reach 13 million this year and 15 million for 2005.

As a result, the camera-embedded phones will capture 51 percent of the market in 2003, up from 8 percent in 2002.

The ratio is forecast to further jump to 81 percent this year and 99 percent for 2005.

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