Mobile handset sales poised to rebound during 2010

Author: 
Coverage Type: 

Sales of mobile handsets fell nearly 1 per cent in 2009, their first decline eight years, as consumers cut back on spending during the downturn. However, analysts expect the market to rebound in 2010, with growth of 11 to 13 per cent. Gartner, the technology research company, had previously forecast 9 per cent growth for this year, but increased its numbers after a surge in consumer spending in the fourth quarter. Sales of mobile handsets in the final quarter were up 8.3 per cent on the previous year.


Mobile handset sales poised to rebound during 2010