Developing World Bolsters Mobile Phone Market

June 2006
Business Communications Review;Jun2006, Vol. 36 Issue 6, p6
Trade Publication
The article reports on the data disclosed by International Data Corp. (IDC) pertaining to the worldwide volume of mobile phone sold in the first quarter of 2006. IDC revealed that during the period, more than 226 million mobile phone units were sold, which 26 percent higher than the total number of units sold in the same period in 2005. According to Ramon Llamas, research analyst at IDC, the continuous growth of mobile phone industry in developing market is triggered by new subscriptions and purchases for replacement of units. IDC also emphasized that Nokia Inc. has dominated the market share and followed by Motorola Inc.


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