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Date:10th June 2012
IHS estimates 210 million cellphones in
gray market in 2012
IHS has reported shipments of gray market cellphones are
set to amount to 210 million units in 2012, representing
13 percent of the global mobile handset business. However
this is down from the peak year of 2011, when gray market
totaled 250 million units, shipments are set to remain high,
amounting to 189 million units, or 11 percent of the global
cellphone shipments in 2013, as per IHS.
IHS explains Gray-market handsets are cell phones manufactured
in China that are not recognized or licensed by government
regulators. Makers of these products generally do not pay
China's value-added taxes and, therefore, profit illegally
from their participation in the market.
Gray market phone are also driving the market for low cost
flash memory cards, as per IHS.
Author: Srinivasa Reddy N
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