Monday, February 13, 2006
Motorola said it expects to have shipped a total of 20 million of its ultra-cheap handsets for emerging markets by the end of 2006, shipping more than 10 million this year alone.
Motorola sold between 8 and 9 million ultra-cheap handsets in 2005. These handsets, initially priced at below $40 and now selling for less than $30 at wholesale prices, have been developed for an emerging markets project from the GSM Association (GSMA) which groups the world's GSM mobile carriers. The U.S. cell phone producer claims it can make healthy profit margins on even the lowest priced phones.
By: DocMemory
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