Business and Management

The Demand of Lithium-Ion Batteries in Mobile Electronics

Lithium is in high demand due to the phenomenal growth of mobile electronics. Both laptop computers and cell phones are highly sought-after and are powered by lithium-ion batteries.

Wireless communications and the wireless world are driving huge demand for Lithium. The $65.7 billion cell phone market is dependent on Lithium. One billion mobile phones powered by lithium were sold last year.

Popular international brands like Android, BlackBerry, and iPhone are all part of wireless communications. These products are in high demand and have a growing market share. Last year, 50 million Blackberries were sold, and iPhone sales increased 600 percent. Companies like Sony/Ericson, Motorola, Samsung, and LG are all dependent on lithium as cell phone manufacturers.

you can also buy a Samsung lithium battery via https://ibatteries.net/collections/samsung.

The Four Components of a Li-ion Battery

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Another major source of lithium is laptop computers. Last year, the number of laptops sold exceeded 177 million. Laptop computers are becoming more popular than home PCs, indicating a shift towards mobile power sources. Mobile electronics are driving this trend.

Many other mobile electronic devices can also be powered by lithium batteries. Many electronic devices, such as music players called MP3s, draw on lithium. New technologies like Apple's iPad also use lithium.

Blue-chip companies invest in lithium because they are confident that lithium-ion batteries, which will continue to power all of the most popular mobile electronics for many years, will be available for them. This makes lithium one of the most lucrative wealth-making investments of the century.

 

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