According to a report by Nikkei Market Access, the demand for colour screened mobile phones has increased production to a record high last year. The total number of mobile phones produced for 2003 was around 518 million units, this is a 24.4% increase.
The main reason is that more consumers are upgrading handsets for new colour liquid-crystal screens. 2004 projections are still quite high but will not be nearly as drasctic, Nikkei estimates 543 million units manufactured.
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