09:45 ET China to disallow cellphone/video camera: CSFB : CSFB's Asian Tech Daily note says that China will disallow distribution of cell phones with built-in video cameras because it is considered spy equipment; CSFB says this could hurt MOT and NOK, and delay the recovery of the handset industry. The source of this news is not clear, nor is it clear if this would affect phones with built-in cameras of any kind (or just video). Reuters reported yesterday that 9.5 mln camera phones were sold in the first nine months of 2002, with Japanese makers such as Sharp, NEC, and Panasonic dominating the market; NOK and ERICY lagged far behind the leaders.
(Source: Briefing.com)