The global mobile market is set to grow over the next quarter, according to research firm Strategy Analytics.
In its latest report on the handset market, Strategy Analytics forecast that global shipments of mobile phones in the final quarter of 2009 would rise three percent from a year earlier to reach 300 million units.
“We believe this will be the first time the industry has returned to positive growth since [the third quarter of] 2008, signalling an end to the handset recession after four quarters of decline,” the report said.
Strategy Analytics also warned that the market will get very crowded over the next few months, with oversupply and price cutting inevitable in 2010.
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