Mobile Handset Inventories Bulk Up
July 27th, 2009 | 
Author: ElectronicsNews.com.au (July 27, 2009) — The handset vendors have a spring in their step as Q2 2009 results come in, says analyst ABI Research. The exception is North America which is still struggling economically. In contrast, Asian economies have been lifted by regional stimulus packages and by an anticipation of improved retail sales conditions in the latter part of H2 2009. Overall, the company is revising downwards its forecast 2009 contraction to -7.5 percent from -8.1 percent (to 1.11 billion units).
“269 million handsets were shipped in Q2 2009,” says Jake Saunders, VP for Forecasting at the company. “That bodes well for H2 2009. Shipments should build sequentially in a constructive manner with Q4 2009 potentially returning the industry to better sales form.”
Samsung (19.4 percent market share) and LG (11.1) did particularly well. Nokia staged a remarkable swing in fortunes to achieve a 1.67 percent percentage point increase to 38.3 percent. Sony-Ericsson experienced a 0.56 percent percent point reduction in its market-share while Motorola and RIM also saw contractions.
“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.”
Adapted from ElectronicsNews.com.au
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