Worldwide phone market continues to exhibit strong growth
"After an expected seasonal drop during the first quarter of the year, the worldwide market for mobile phones returned to growth in the second quarter of 2004 on the strength of renewed consumer demand for mid-range handsets featuring color screens and cameras. According to IDC s Worldwide Mobile Phone QView, worldwide mobile phone shipments in 2Q04 increased 2.5% over the first quarter and rose 36.7% year-over-year to 163.7 million units."