Financial Times FT.com

Mobile World Congress

Mobile phone makers braced for first sharp sales fall in 8 years

By Andrew Parker in London

Published: October 27 2008 02:00 | Last updated: October 27 2008 02:00

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.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this