More than 550 million GPS mobiles worldwide by 2012

ABI Research says over 550 million GPS-equipped mobile handsets will be produced worldwide by 2012. It says GPS is already a feature of most 3G handsets and smartphones - and it predicts we'll start soon seeing GPS included in standard high-end GSM phones. The company says the take-up of GPS phones is likely to be boosted by social networking functions, not just by navigation features. [Press release]