OYSTER BAY, NY – Handset shipments for the second quarter reaches 269 million units, with increases expected for the remainder of the year, reports ABI Research
 
“Shipments should build sequentially in a constructive manner with fourth-quarter 2009 potentially returning the industry to better sales form,” says Jake Saunders, vice president for forecasting.
 
ABI has revised its forecast for the year from 8.1% to 7.5%, as stimulus packages and predicted increases in second-half sales are helping Asian markets.
 
For the quarter, Samsung Electronics’ market share increased 1.45 percentage points to 19.4%, with LG Electronics up 2.2 percentage points to 11.1%. Nokia posted an impressive 1.67-percentage point jump to 38.3%.
 
Smartphones continue to be a main player in market growth, with benefits felt by both Tier 1 and Tier 3 vendors including Apple, High Tech Computer, Huawei Technologies and ZTE. “While a consolidation is widely expected in the industry, it will not be happening in 2009,” says Kevin Burden, practice director for ABI. 
Submit to FacebookSubmit to Google PlusSubmit to TwitterSubmit to LinkedInPrint Article