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Global financial crisis will not affect mobile phone industry

We here at Phones Review were a little scared at first with the major Credit Crunch, economy and downturn is really affecting many businesses at the moment and of course leaves many jobs in jeopardy, we thought we would be part of this downturn.

Well it seems with our own research and of course our source below the mobile phone industry is too boom despite the downturn which leaves us with smiles on our faces, we always want to bring you the hottest news everyday and do not wish to suffer in this global financial crisis.

If you take a brief look at a report, an analyst company predicted that a percentage of the world’s population there are a staggering amount of mobile phone users which will increase from 50 percent to 80 percent by 2013, to put it in simple terms with numbers that is a massive 5.8 billion people.

China is obviously a massive market for mobile phones followed closely by India, these are the two main countries that’s growth will climb, we believe that all countries will benefit from the mobile phone industry. Nowadays a mobile smartphone can basically do everything from emailing, searching the web, making and receiving calls and of course using mobile phones to control appliances and so much more.

We here at Phones Review at the moment are going from strength to strength and we hope many other similar sites are also doing well, we all want the same thing and that is for the mobile phone industry to carry on getting stronger and stronger.

Read more about the report here.