Smartphone market still growing as prices fall: study

STILL SELLING: Global smartphone sales will jump 23% this year to more than 1.2 billion units, fuelled by growth of low-cost handsets in emerging markets, a research firm said.

WASHINGTON: Global smartphone sales will jump 23% this year to more than 1.2 billion units, fuelled by growth of low-cost handsets in emerging markets, a research firm said Wednesday. 

An IDC survey said smartphone sales will maintain an annual growth rate of 12.3% through 2018.