Sales of Mobile Phones down 25.5% YOY; below 40 million units for 1st time in 10 years

In another sign of weak consumer demand; mobile phone sales were down 25.5% in 2009 compared to 2008 and the total 31.30 million units, slipped below 40 million units for the first time in 10 years.

The rate of year-on-year decline was the sharpest on record.

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