Monday, February 24, 2014

Ericsson Chief states that $10 price-cut could grow smartphone adoption by millions

Ericsson chief executive officer, Hans Vestberg, says that if the average price of smartphones came down by $10 some 100 million more people could have access to these devices. Vestberg was speaking at a briefing at the 2014 Mobile World Congress (MWC) in Barcelona, Spain on Monday morning where he said one billion smartphones were shipped in 2013.

Last year an Ericsson ConsumerLab report said that smartphones as cheap as $50 could help bridge sub-Saharan Africa’s digital divide. In

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