Submitted: April 15, 2009 - 8:36am
Last updated: April 15, 2009 - 8:36am
Last updated: April 15, 2009 - 8:36am
Source:
Reuters
Author:
Tarmo Virki
Cell phone makers are expected to report buoyant sales of lower-priced, feature-packed smartphones as consumers opt for "cheap chic" amid the global recession. The focus in the phone market this year has shifted increasingly to smartphones, as operators move subsidies to support consumers buying the feature-packed devices, which can generate more data revenue. Sales of smartphones such as the Blackberry are expected to rise some 10-20 percent, compared with a fall of 10 percent or more in the overall market.
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