Financial Times FT.com

Mobile makers braced for painful 2009

By Andrew Parker in London

Published: October 26 2008 23:30 | Last updated: October 26 2008 23:30

The world’s leading mobile phone makers are braced for a painful 2009 after warnings that sales of handsets could fall sharply for the first time in eight years.

Sales next year could fall by between 4 and 27 per cent compared with 2008, depending on the severity of the expected global recession, according to industry analysts.

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