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November 26, 2013 AT 7:53 AM
The world will see more than 1 billion smartphones shipped in 2013. Shipments this year will be more than 39 percent higher than those in 2012 and will soar to 1.7 billion by 2017. Several factors are behind the seemingly unstoppable growth, but lower prices are the major ingredient. Those lower prices will put more smartphones into the hands of mass market users.