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Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: Japan cellphone sales log record drop AFP - Thursday, May 14 TOKYO (AFP) - - Cellphone sales in Japan suffered a record fall in the year to March as many consumers refrained from purchasing new models amid the recession, an industry group said Wednesday. ADVERTISEMENT Shipments of mobile phones fell 30.1 percent from the previous year to 34.64 million units, according to the Japan Electronics and Information Technology Industries Association. It is the worst annual fall since comparable records began in 1992, a spokesman for the association said. Sales were hit by the rapid deterioration in the economy resulting from the US-born financial crisis, the group said. Demand also sagged because sales in the preceding year were up a robust 6.1 percent after the launch of a series of models that allow users to watch high-resolution television broadcasts, it said. In March alone, cellphone shipments tumbled by 39.9 percent from a year earlier to 2.79 million units. Japan's economy is facing its worst economic slump since World War II because of a dive in exports and weak consumer spending. Email Story IM Story Printable View Blog This Sign in to recommend this article » 0 users recommend Related Articles: China's Economy Asia-Pacific poll shows pessimism on economyAFP - Thursday, May 14 US on track to be top investor in VietnamAFP - Thursday, May 14 Bank of America sells China bank stake for $7.3 blnAFP - Thursday, May 14 Drop China deal for rights issue, Rio holders sayReuters - Thursday, May 14 Related Articles: Business Bond insurer MBIA posts a profit, shares soarReuters - Tuesday, May 12 SUMMARY-Media speculation on Australia's 2009/10 budgetReuters - Tuesday, May 12 Husky says offshore China well may pump 150 mmcf/dReuters - Tuesday, May 12 GM executives dump stock as trading window opensReuters - Tuesday, May 12 NKorean, Brazilian ministers discuss trade, talksAFP - Tuesday, May 12 Enlarge Photo Japan cellphone sales log record drop Related Photos Slideshow Full Photo Coverage: Business & Economy Related Full Coverage China Economy china economy All Full Coverage Most Popular – Business Viewed Australian zoo evacuated after orangutan escape British store admits it boobed in bra row Obese young men have less hope of marriage: study Venezuela oil takeovers may leave 22,000 jobless $70-80 good price for oil: French economy minister View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

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