Cellphone market set to shrink in 2009 Posted: 16-Dec-2008 [Source: Reuters]
[Large inventories and huge cuts in consumer spending fuel uncertainty in the mobile phone market predictions for next year.]
By Tarmo Virki, Helsinki (Reuters) -- "Mobile phones sales will shrink next year at their fastest pace ever as consumers cut spending, a Reuters poll showed, with analysts increasingly concerned about unsold phones piling up in stores."