Phones hitting limits.
A competing research firm, IDC (idc.com), said worldwide shipments totaled 825.5 million units, up 16.7%. "[T]he fact that this is the second consecutive quarter with shipments over 200 million suggests that the market will continue to enjoy solid growth into 2006," said IDC research analyst Ryan Reith.
iSuppli forecast worldwide factory revenue from production of mobile phones to decline 4.7% to $109.7 billion in 2006. Growth will then resume but will take until 2009 to reach 2005 levels. The firm blamed the revenue drop on the decelerating growth rate in shipments.
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|Title Annotation:||Market WATCH|
|Date:||Mar 1, 2006|
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