Move Over iFund: DCM, Tencent, GREE, KDDI Launch $100M A-Fund

We've all got iPhone mania in the Valley, never mind that Apple tracks our every move and won't explain why or that AT&T users can't actually make calls. But in Asia-- and much of the rest of the developing world-- the anticipated mobile giant is Android. Android phones are just starting to hit Japan and China, and a flood of cheap new models are expected to come on the market within the next year. Expect a flood of new apps to follow that, particularly in China where venture capital is flowing like water. The rise of Android is as close to a no-brainer prediction as you can make with always volatile and uncertain emerging markets.�Combine the market size of countries like Japan, China, Indonesia and India with cheap, increasingly-sophisticated devices and a massive base of gamemakers and hackers and someone is going to make a lot of money.

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