The mobile-phone industry is expected to boom, despite the current global financial crisis, thanks to new growth in emerging markets, according to Portio Research.
In a Monday report, the analyst firm predicted that the world's population of mobile-phone users will increase from the current 50 percent to 80 percent in 2013. This translates to a "staggering 5.8 billion people," Portio said.
"The mobile industry continues to confound expectations with spectacular accelerating growth," the report stated, attributing the growth mainly to China and India's markets.
China topped Portio's list of top growth markets, … Read more