Global mobile market bottoms, grows anew
Researchers at iSuppli estimate that global handset shipments grew nearly 5 percent in the second quarter, the first quarter- on-quarter growth in 9 months, marking a reversal of course for the struggling market. Worldwide shipments of cellphones rose 4.7 percent to 265 million units in the second quarter compared with the first quarter, helped by strength in the Middle East and Latin America, but were still down 15.1 percent compared with a year ago.