Global Mobile Phone Handset Sales to Rise

The global handset industry snapped out of its “year-long recession” in the fourth quarter and is expected to remain on a recovery path with shipments expected to rise 8% in the first quarter, research firm Strategy Analytics said in a report Friday.Global handset shipments rose by 10% to 324.4 million units in the fourth quarter of 2009 compared with 293.8 million a year earlier, marking the first quarter of growth since the third quarter of 2008.To read this report in The Wall Street Journal in full, see:

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