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The demand for mobile handsets in all three markets is expected to grow quite rapidly as customers believe that an increase in competition will lead

The demand for mobile handsets in all three markets is expected to grow quite rapidly as customers believe that an increase in competition will lead to lower prices. Analysts are expecting that sales growth will be very strong in all markets. Asia is forecasted to experience growth within a range of 25-30%, Europe within 6-10%, and the USA within 15-20% for the round. A market research report by Tecno Analytics Inc. (TA) found that especially in Europe and Asia, the hype around the next generation of handsets (Tech 2) is driving customers peanuts, according to CEO Bruce Summersteen. TA provided 100 Asian and 100 European hardcore technology consumers with Tech 2 handsets for a week to evaluate the feasibility of introducing the new technology to the market. Two weeks after the experiment, the group was called back and all but two in the test groups were exhibiting serious WITHDRAWAL symptoms. The most common symptoms were nausea, depression, sleeping disorders, loss of appetite, weight loss, and headaches.Costs
Political tensions between USA and the government of China have caused the tariffs for American goods exported to the Asian continent to almost double from $7 per handset last year to $12 this year. There are no notable changes in production costs.
Finance
The European Union has reached a common tax agreement unifying corporate tax rates at 31% throughout Europe. Economists believe that Europe is jeopardizing its already shaky position in the global marketplace by further increasing its high tax level. The Euro is expected to fall.

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