Mobile phone market making a turnaround

The mobile phone market is slowly rebounding from more than one year of struggling sales, with global handset shipments growing almost 5 percent in Q2, according to iSuppli researchers.

During Q2, mobile phone shipments increased 4.7 percent up to 265 million phone units when compared to Q1, as demand in the Middle East and Latin America increased. Although the numbers look promising, it’s still a difficult time for the industry, as shipments are still down 15.1 percent from the same time period one year ago.