Star8 Mobile Inc was founded in 2009 and is a global provider of low cost full-featured mobile email phones. The Company’s focus is to provide a low cost alternative to the more expensive smart phones available in the market today. Star8 is strictly focused on emerging markets where the mobile operator subscriber base is predominantly prepaid. These markets do not provide their subscribers with a subsidy on phone purchases which leaves a very small percentage of the subscriber base with the ability to afford the more costly smart phones.
Star8 has positioned itself to take advantage of the explosive growth in the Low Cost Mobile Messaging Handset market. Global shipments of mobile handsets is forecast to be more than a 1.5 Billion units in 2010 growing to 1.7 Billion in 2011.