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Handset Makers Adopt Android, Push Advanced 3G and 4G Smartphones, Business and Industry Trends Analysis

For 2022, analysts at Gartner reported that 1.28 billion smartphone units were sold worldwide (as well as much smaller number of basic cellphones).  Advanced smartphone features on modestly priced handsets are helping to fuel sales.
Upstart competitors have been growing in the mobile handset business.  However, this is a very challenging, highly competitive business.  Profit margins can be very thin (outside of Apple’s enormously profitable iPhone business).


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