Mobile phone makers face toughest year since 2001

A wave of economic gloom is set to hit mobile phone buyers next year, with a growing number of analysts expecting the once-buoyant market to shrink for the first time since the 2001 crash, a Reuters poll showed.

A wave of economic gloom is set to hit mobile phone buyers next year, with a growing number of analysts expecting the once-buoyant market to shrink for the first time since the 2001 crash, a Reuters poll showed.On average, analysts expect global growth to be 3 percent in both the fourth quarter and 2009, compared with well above 10 percent in recent years, although 8 out of 22 analysts said they expect the market to contract next year.To read this Reuters article in full, see in.reuters.com/article/technologyNews/idINIndia-36382920081107 or uk.reuters.com/article/technologyNews/idINIndia-36382920081107.

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