Global mobile phone sales soar
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Strong demand for replacement handsets in western Europe and the US helped push global mobile phone sales to 156.4 million units in the second quarter of 2004, a 35 per cent increase from the second quarter of 2003, new research has claimed.
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Mobile phone subscribers around the globe totaled nearly 1.5 billion by the middle of this year, about one quarter of the world's population, according to the International Telecommunication Union.
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Worldwide sales hit a new multibillion high; EMC passes Hewlett-Packard for first place.
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Global handset sales rose to record  levels in the second quarter, putting the industry on track to  ship 650 million cell phones in 2004 as market leader Nokia  halted its decline, a survey said on Thursday.
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Robust demand for cheaper phones boosted third-quarter earnings at Nokia Oyj, the world's biggest maker of mobile phones, with the better than expected result sending its shares sharply higher.
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Global cellphone sales rose to record levels in the second quarter as Nokia clawed back some of its lost market share, according to figures released Thursday.
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By Robert Evans GENEVA  - Mobile phone subscribers around the globe totaled nearly 1.5 billion by the middle of this year, about one quarter of the world's population, the International Telecommunication Union (ITU) said on Thursday.
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Worldwide sales of semiconductors rose 9.2 percent to $21.5 billion in January from a year earlier as economic confidence buoyed demand for consumer products like mobile phones and computers, Bloomberg News reported from Berlin.
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The growing functionality of mobile phones is driving demand for new and stronger security products.
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Samsung Electronics, the world's second-largest mobile phone maker, expects its handset sales to rise 16 per cent next year to more than 100m units.
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Worldwide mobile phone sales rise 26% in the July to September quarter, driven by demand for new handsets.
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Research in Motion Ltd., the maker of the BlackBerry e-mail pager, said sales surged as it enlisted cellphone service providers in Europe and Asia to offer its products.
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The popularity of mobiles packed with features is set to explode as they get better and cheaper, say analysts.
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(InfoWorld) - Indiaâs mobile handset production is growing fast, fueled by rapid growth in the number of mobile subscribers in the country. India produced nearly 31 million mobile phones last year, at a value of about US$5 billion, according to a report by Gartner Inc. The research firm expects production volumes to reach nearly 95 million, and to register a compound annual growth rate (CAGR) of 25 percent between 2006 and 2011. Growth in handset production in India this year, at 68 percent by units and 65 percent by value, is forecast to be the highest in the Asia-Pacific region, Gartner said. Mobile phone manufacturing was the largest contributor to the country's overall electronics production revenue last year, and to the total available market (TAM) for semiconductors, Gartner said. Indiaâs mobile market is booming. The country added 6.57 million mobile subscribers in May this year, taking the total number of subscribers to 178 million, according to the Telecom Regulatory Authority of India (TRAI) in Delhi. The country added 6.11 million new mobile subscribers in April. A number of multinational handset makers, including Nokia Corp., have set up manufacturing facilities in India. Sony Ericsson Mobile Communications A.B. is outsourcing mobile phone manufacturing to the operations in Chennai of Flextronics Corp. and Hon Hai Precision Industry Co. Ltd, which uses the brand name Foxconn. The decision by these vendors to make phones locally was also influenced by the decision of Bharat Sanchar Nigam Ltd. (BSNL), a large government-owned services provider, to insist on local manufacture by its suppliers. While the top five handset makers worldwide will retain a major share of production volume, local manufacturers are expected to capture up to a fifth of India's overall mobile phone production volume by the end of 2011, Gartner said. Growing demand for low-cost and ultra-low-cost mobile phones, and the need for EMS (electronics manufacturing services) vendors to reduce their revenue exposure to large multinational vendors, will contribute to the growth of local-brand mobile phones in the Indian market, it added. Reliance Communications Ltd., a large Indian services provider, already offers its own brand mobile phones, called the Classic range. The products are currently being customized and made by contract manufacturers outside India, a company spokesman said Monday. A low-cost model launched by Reliance at about US$19 in May sold one million units in the first week, he added. The spokesman did not however comment on whether Reliance had plans to move manufacturing to India.
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Worldwide mobile phone sales surpassed 156.4m units in the second quarter of 2004, a 35 per cent increase on the second quarter of 2003, according to market research group Gartner, Inc.
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Cellphone subscribers around the globe totalled nearly 1.5 billion by the middle of this year, about 25 percent of the world&#39;s population, the International Telecommunication Union (ITU) said yesterday.
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Nokia Corp. increased its global market share of mobile phone handsets for a second successive quarter, reaching 30.9 percent with sales of 51.7 million units, market researcher Gartner Inc.