350,000 mobile phones sold in Russia in 2004

Mobile devices flew off the shelves in Russia in 2004. According to IDC, shipments expanded by 55.

Mobile devices flew off the shelves in Russia in 2004. According to IDC, shipments expanded by 55.5% to more than 350,000 units and revenue by 56% to $163.59 mln. A combination of plummeting prices and intense marketing by major vendors helped boost the market last year. With Russia still far from saturation, shipments of mobile devices will expand by 62.7% in 2005 and by 55.9% in 2006. Converged devices (those with mobile phone functionality) dominated the Russian market in 2004, accounting for 62.6% of total shipments. Keypad-only devices proved to be the most popular, representing 70.2% of the converged form factor last year. By contrast, keyboard-based non-converged devices vanished from the market altogether in favor of pen-based devices. While IDC expects shipments of both form factors to increase over the next few years, the converged devices segment will grow almost nine times faster than the non-converged segment.

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