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Mobile production slips 16% in Q2

Recovery tipped for 2002

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Worldwide mobile phone manufacture slipped 16 per cent in the second quarter.

Around 87 million phones were made during the three month period - the second consecutive quarter that the number of new handsets fell below the hundred million mark, Asiabiztech reports, quoting figures from a survey by Nikkei Market Access.

Regarding Q3, production is expected to rise slightly, but figures are still tipped to be lower than for Q2 the previous year.

For the whole year, the number of phones produced is forecast to drop 12 per cent to 374 million.

Even if manufacture picks up in the third and fourth quarters, the market is not expected to fully recover until 2002. ®

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Worldwide Production of Mobile Phones for Q2 drops substantially

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