Worldwide Mobile Phone Market Is Up 20% in 2011 1st Quarter

Worldwide Mobile Phone Market Is Up 20% in 2011 1st Quarter

 

The worldwide mobile phone market grew approximately 20 percent closing at 19.8 percent year over year in the first quarter of 2011, according to report released by the International Data Corporate, IDC.

 

This development according to the corporation, was fueled by high smartphone growth, especially in emerging markets, and gains made by market challengers.

 

The IDC Worldwide Mobile Phone Tracker, said that vendors shipped 371.8 million units in first quarter of 2011 compared to 310.5 million units in the first quarter of 2010.

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