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Technology Stocks : Semi Equipment Analysis
SOXX 314.52-0.6%Dec 11 4:00 PM EST

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To: Donald Wennerstrom who wrote (15718)6/14/2004 5:26:38 PM
From: Donald Wennerstrom  Read Replies (1) of 95574
 
This also looks good.

forbes.com

<<Nokia says number of mobile phone users to hit 2 billion by 2007

06.14.04, 11:17 AM ET

SINGAPORE (AP) - Nokia, the world's largest maker of mobile phones, said Monday it expects the number of global users to rise 33 percent by 2007 to 2 billion.

Some 1.5 billion people now have mobile phones, and at least 300 million new users will come from the Asia-Pacific region, said Simon Beresford-Wylie, Nokia's senior vice president for the region. He didn't specify where the remaining growth would come from.

Revenue from exchanges of data - such as text and images - via mobile phones will likely rise to 30 percent of global mobile revenue by 2008, up from about 15 percent currently, he said.

``This trend is encouraging mobile operators to invest in the infrastructure required for customers'' using those services, Beresford-Wylie said at an event coinciding with this week's CommunicAsia conference and exhibition in Singapore.

The Finnish company, which launched five new mobile phone models at the exhibition, recently reported that sales rose to 44.2 million units in the first quarter of 2004, a 12 percent increase over the same period last year.

However, Nokia's global market share in mobile phones dropped to 28.9 percent during the quarter, down from 34.6 percent in the first quarter of 2003, market researcher Gartner Inc. said last week.

Nokia's strongest competitors include U.S. company Motorola and South Korea's Samsung.>>
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