Drop-off in Asian cellphone sales is predicted

Growth in cellphone sales will slow sharply in Asia next year as wireless services have already spread to much of the region, according to a Japanese trade group forecast. [via Bloomberg News]

There are fewer and fewer countries where people are buying mobile phones for the first time," said Masaaki Akahori, a researcher for the association. "People who already have handsets only change them occasionally."

Growth in India, where sales will more than double this year, will probably slow to 7 percent next year, said the association. Chinese sales will rise 19 percent, about half the pace of 2006. India accounts for 25 percent of sales in Asia and China for 32 percent, it added."

emily | 6:34 AM | News, Buzz |
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