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Asia Pacific biggest market for replacement phones

From Textually: Asia Pacific biggest market for replacement phones:
Users in the Asia Pacific region, including Japan, China, and Korea are expected to buy the most replacement phones this year, said Mauro Montanaro, Nokia vice president for customer market operations of Southeast Asia Pacific.
Predicting that 65 percent of phones that will be sold worldwide this year will be mainly replacements, the mobile phone giant stressed that the replacement market remains big in the Asia Pacific region.Last year, Nokia said that 60 percent of phones sold in the global market would be a replacement. [via Asian Journal Onlne]

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