Global mobile phone sales to grow 20% in 2004

In 2004, the worldwide mobile phone market will grow 20% to 648 mln units, IDC predicts. The demand for color displays and camera phones from both mature markets and developing markets remained strong through the Q1-Q3 2004 and is expected to continue through Q4 2004. However, 2005 is expected to see a slow down in market growth due to the lack of additional catalysts.