Dubai: Major mobile phone vendors are set to cash in on the growing demand for multi-touch handset technology in the Middle East and are expected to boost their product line-up catalysed by Apple’s highly successful iPhone.

Research firm iSuppli forecasts global market for touch-screen panels to grow to 341 million units and earn $3.4 billion in value this year.

“In a market dominated by so-called resistive touch technology, Apple’s iPhone uses a different technology called projected capacitance that enabled the multi-touch functionality that had been lacking in resistive-based touch panels,” Jennifer Colegrove, senior analyst for emerging displays at iSuppli, said.

Gulfnews: Mideast to witness big demand for touch-screen mobile phones.

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