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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (49624)	7/23/2001 3:57:26 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 70976

Worldwide Production of Mobile Phones for Q2 Drops Substantially July 23, 2001 (TOKYO) -- Worldwide production of mobile phones in the second quarter of 2001 plunged by 16 percent year-on-year to 87.03 million units, falling significantly below the 100-million-unit mark for the second straight quarter, according to a survey conducted by Nikkei Market Access. Worldwide production of mobile phones in the third quarter will increase slightly, but it is expected to fall compared with the previous year. It is likely to result in a 12 percent plunge over the previous year to 374.04 million units for the whole of 2001, the survey said. According to Nikkei Market Access' projection released on April 25, because inventory adjustments after the second quarter were to be carried out, worldwide production of mobile phones would gradually rebound, leading to a yearly production of 471.32 million units in 2001. However, since there were no signs of a recovery in the second quarter, mobile phone production has declined. A marketing official with a parts supplier said that the current market conditions are forcing his company to revise downward its production volume one or two weeks each time his company comes up with a production plan. Even if production begins to gradually surge in the third and fourth quarters, a possible full-scale recovery is likely to come only in 2002, the survey said. Only four of the top 10 makers, Nokia of Finland, Siemens AG of Germany, Samsung Electronics Co., Ltd. of Korea and NEC Corp. of Japan, increased their production over the year 2000. Moreover, with the exception of NEC, which recorded about a 50-percent increase, the other three makers only managed to raise their production by several percent. Nokia, which used to enjoy a significant rise in production compared with other makers, will only have an increase of about 5 percent in 2001, Nikkei Market Access said. However, since overall production will decline, Nokia's market share is expected to soar significantly to 36 percent. Meanwhile, production of the six remaining Top 10 makers will dip by 10 percent to 50 percent over the previous year, the survey said. Graph: Worldwide production of mobile phone handsets * Figures for Q3 2001 and onwards are estimates. Survey by Nikkei Market Access Related report: World's Mobile Phone Production in 2001 Faces Significant Slowdown: Survey (Ken Nakamura, Nikkei Market Access)