Mobile phone industry - green shoots of recovery?

Nokia, reports say, has placed increased orders of chips for its mobile phones during the month of March. Observers say that this shows indications that demand for phones may already be on the rise.


This order has followed a company report stating the its profits have fallen by 70% during the fourth quarter of 2008. The orders for chips have not, however, been made to cover all of the phones currently populating the Nokia range but for forthcoming handsets which the company is due to release during the second quarter of this year. These include several 3G, 3,5G plus multi-touch designs, says the Digitimes website.


Further increases in demand were experienced during the aftermath of the Chinese New Year which triggered a rise in phone sales that cleared a large slice of many company's inventories, reports say. Other, emerging, markets have also shown better than expected sales figures.


Click to read the Digitimes story


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