Mobile phone boom set to continue in 2006

Global shipments of mobile phones soared in 2005 and will continue to grow in 2006 on the back of strong demand from emerging economies, which snapped up half of all handsets last year, a survey showed on Thursday. Reuters reports.

"Mobile phone shipments grew 19 percent to 810 million units in 2005 and are expected to rise by 15 percent to 930 million units in 2006, market research group Strategy Analytics predicted after the top five mobile phone vendors had published quarterly earnings."

"Booming demand in the southern hemisphere, in India and Africa, drove global mobile phone sales," said analyst Neil Mawston."

emily | 5:28 PM | Random Stats |
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