IDC: Asia smart handheld device market to grow at 36 per cent CAGR through 2006

Press release; Adam Connors, DigiTimes.com [Monday 15 April 2002]

Market intelligence firm International Data Corporation (IDC) predicts that sales of smart handheld devices (SHDs) in the Asia/Pacific region, excluding Japan, will continue to rise at a CAGR (compounded annual growth rate) of around 36.5% through 2006, with China continuing to lead the region in market share. China currently dominates the SHD market share with 68.5% of the market by shipments, and three vendors ­ Hi-Tech Wealth, Minren and Legend ­ comprise a full 42% of all SHDs sold across the region, IDC said.

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