Sales of luxury mobile maker MODELABS grow by 37%

French luxury mobile phone manufacturer MODELABS reported a 37% increase in sales for 2010, compared to 2009 reaching 220,7 million euros. The company produces and distributes the luxury mobile phone of Dior, Tag Heuer and Versace, with a price range between 3.000 to 50.000 euros. This year, the company announced plans to launch several luxury smartphones.