Mobile communication equipment market to grow 13% in 2012

Wednesday 28 November 2012 | 15:22 CET | News
The market for mobile communications equipment will grow by 13 percent this year, propelled by climbing shipments of mobile handsets and tablets, particularly devices supporting LTE, according to a new report from IHS iSuppli. Total factory revenue from original equipment manufacturers making mobile communications equipment is projected to reach USD 376 billion by year-end, up from USD 334 billion in 2011. In 2013, overall revenue for mobile communications equipment is forecast to rise to USD 444 million. Driven by mobile broadband, the five-year compound annual growth rate until 2016 for

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Categories: Mobile & Wireless
Countries: World
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