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  5. Touchscreen mobile phones ‘will grab one-fifth of market’

Touchscreen mobile phones ‘will grab one-fifth of market’

Touchscreen mobile phones’ market penetration will rise to over 20 per cent this year, according to a mobile phone touch panel manufacturer.

In an interview with Digi Times, TJ Lin, chairman of Young Fast Optoelectronics, predicted that the growing prominence of touchscreens will be fuelled by the use of the technology in more and more mid-range handsets.

Should Mr Lin be proved correct in his growth projections, the worldwide market penetration of touchscreen mobile phones would effectively double this year.

His comments follow analysis firm DisplaySearch’s forecast that the global market for touchscreen mobile phones is set to be worth as much as £2 billion by 2015.

This year will see the launch of a host of new touchscreen mobile phones, including the HTC Magic and a range of devices from Nokia.

Nokia was a relatively late entrant to the touchscreen market, but is rumoured to be releasing at least three phones that use the technology during 2009.

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