Description

The uptake of mobile phones has been nothing short of phenomenal, and the trend is expected to continue in the years to come. The market has nearly doubled in number of units from 2002-2004, but average price per unit (ASP) is down 7.0 percent per year in the same time period. Growth is expected to continue to be driven by replacement and upgrade sales in more developed markets and by new subscriber growth in developing mobile markets, as well as the wide-spread commercialization of 3G devices in the second half of 2005.