July 28, 2004

Report: Mobiles on the move in 2004

Stronger-than-expected growth is driving up global shipments of mobile phones, prompting one market researcher to revise earlier projections for 2004, reports News.com.

"El Segundo, Calif.-based iSuppli said Wednesday that worldwide shipments may pass even the 625 million mark this year--about 25 million more units than it previously predicted.

Handset makers sold 155 million phones in the second quarter of 2004, compared with 152.5 million in the first quarter. iSuppli said demand in the second half of the year is normally stronger than in the first.

A recent study of the European, Middle Eastern and African markets also reported a positive trend."

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