Manufacturing Industry
Nokia, Motorola and other major handset makers once again have reduced their expectations for 2002. (Supply).(Brief Article)
Purchasing, September, 2002
Nokia, Motorola and other major handset makers once again have reduced their expectations for 2002. In January, the consensus estimate for global handset sales was 430 million. That number dropped to 420 million by April and now stands at 390-400 million. Tim Long of Credit Suisse First Boston isn't quite as gloomy; projecting 435 million handset buys this year.
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