Mobile Phone Market Rebounds

After retrenching for five consecutive quarters, sales of cell phones returned to growth in the fourth quarter of 2009, reports consultant IDC. In that period, mobile phone sales rose 11.3%, and vendors including Nokia, Samsung and LG shipped 325.3 million units worldwide. Full-year sales were still down 5.2%, to 1.13 billion handsets vs. 2008, according to IDC. IDC analyst Kevin Restivo called the rebound

After retrenching for five consecutive quarters, sales of cell phones returned to growth in the fourth quarter of 2009, reports consultant IDC. In that period, mobile phone sales rose 11.3%, and vendors including Nokia, Samsung and LG shipped 325.3 million units worldwide. Full-year sales were still down 5.2%, to 1.13 billion handsets vs. 2008, according to IDC. IDC analyst Kevin Restivo called the rebound “dramatic.”

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