The full report suggests that the number show massive potential for low-cost smartphones in this market.
Sri Lanka’s mobile phone sales reached one million units in the third quarter of 2014 while smart phone shipment up by 100 percent which accounts for 20 percent of the total sales, a market report said.
“Sri Lanka mobile handset shipments continue to show consistent growth in both the Feature phones as well as Smartphone segments, making it among very few South East Asian markets where growth was seen in both segments,” said CyberMedia Research, a Market Intelligence and Advisory firm in its report.
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