Economic Crisis Likely to impact High-Flying Cell Phone industry

January 2009
Portable Design;Jan2009, Vol. 15 Issue 1, p12
The article presents the analysis of In-Stat Inc. regarding the impact of the economic crisis on the cellular telephone industry. According to analyst Allen Nogee, the crisis is still playing out, but the firm believes that it will take until 2010 before cell phone sales return to their normal growth levels. Furthermore, the research firm concludes that over 1.2 billion cell phones will be shipped in 2009.


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