Demand for Cheap Smartphones Explodes in Emerging Markets

According to the latest market study by International Data Corporation (IDC), smartphone shipments are expected to grow by 32.7 percent year over year in 2013, reaching 958.8 million units — that’s up from 722.5 million units in 2012.

2013 will mark the first year that smartphone shipments surpass those of feature phones, with smartphones expected to account for 52.2 percent of all mobile phone shipments worldwide.

via Digital Lifescapes