ABI Research Says Mobile Phone Stock Increasing
Topic: Mobile Phones
Posted on Mon, 27 Jul 2009 06:22:17 CDT | by Shane McGlaunAccording to ABI Research, mobile phone handset vendors are starting to get optimistic as results of the first half of 2009 come in. According to the research firm 269 million handsets were shipped in 2Q 2009 and handsets sales are expected to build on that number for Q3.
Samsung and LG were the big winners in the market during Q2 with 19.4% of the market for Samsung and 11.1% for LG. Nokia was able to grow its share of the market by 1.67% up to 38.3% of the total market. Sony Ericsson on the other hand slipped 0.56% and Motorola and RIM saw shares decrease.
“It is well documented that smartphones are proving to be one of the main engines of growth, but they are not just benefiting the Tier 1 players”, says practice director Kevin Burden. “A number of Tier 3 vendors are also making headway in a competitive market, including Apple and HTC but also vendors such as Huawei and ZTE. While a consolidation is widely expected in the industry, it will not be happening in 2009.”
Via ABI Research
Posted on Mon, 27 Jul 2009 06:22:17 CDT | by Shane McGlaun
I4U News Product Reviews
All I4U News Categories
Related Offers
The current topselling Netbook
Subscribe to I4U News
Stay in touch with our weekly round-up of the Top 10 Technology stories with our free newsletter.I4U Feature Highlights
Featured Partner
More stories
Red Hot Topics