Manufacturing Industry
Citigroup Smith Barney sees strong sales growth causing.(Prices: factors affecting product cost)
Purchasing, December, 2003
* Citigroup Smith Barney sees strong sales growth causing reduced discount levels in sales prices for cellular telephones in 2004 and 2005. The brokerage forecasts 8% revenue growth by the mobile phone industry over the next two years from "stronger sales and more modest declines in average selling prices for the handsets."
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