Export volume reached 21.87 million units, up 21.7% YoY and a 7.1% MoM. However, the ASP dropped to the lowest point in 2009, at only $63.8 – down 25% YoY and 4.7% MoM.

The volume of handsets shipping out of Shenzhen has steadily increased through the year, with Q1-Q3 units totaling 144.56 million units and revenue totaling $9.85 billion.

The export shares of Hong Kong, South Korea and the U.S. increased while that of emerging markets dropped. The export share of India dropped by 20% in the first nine months in 2009. Insiders say this is because India now forbids importing handsets without IMEI numbers, which negatively affects many of the grey market phones being shipped from Chinese manufacturers.