Handset manufacturers are all bidding for a greater slice of the smartphone market, which is seen as the highest-growth area of the mobile handset market. Indeed, research from Parks Associates indicates that smartphone sales topped 180 million in 2009, with Nokia, Apple, and RIM sharing 60 percent of the market. Annual smartphone sales are expected to reach almost 400 million in 2014, when the number of users will approach 1 billion, according to Parks estimates.

From the article, "Huawei Linked to Possible Palm Bid" by Anne Morris

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