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Sound Prospects for Cell-Phone Makers
Posted: 20-May-2004 [Source: Business Week Online]

[Business Week forecasters see continued strong growth in wireless handset sales fueled by upgrades to color screen, camera-enabled handsets and demand for CDMA handsets.]

By Kenneth Leon and Art Bensinger -- "According to wire-service reports, on May 19, Korean wireless-gear makers Samsung Electronics and LG Electronics indicated that they expect to sell more handsets in the June quarter than the preceding quarter, driven by U.S. and Asian demand. LG said it was realizing higher average selling prices (ASPs) on higher volumes for phones with third-generation (3G) technology -- perhaps at the expense of Finnish mobile-phone giant Nokia (NOK ), in our opinion."


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