That, in a nutshell, best describes the mobile phone industry as of the first quarter of this year. The mobile phone market worldwide has suffered along with the recession-bound economy. All market research firms agree but on the severity of the bloodletting currently afflicting the wireless sector. A report by ABI Research
wholesale mobile phone detailed how handset shipments worldwide dropped 11.9 percent in the first quarter from the same period last year to 255.6 million units. Most industry analysts forecast mobile phone sales in 2009 to remain flat or, worse, fall slightly from 2008 levels. On the other hand, this is much better than analysts’ previous predictions that the market would suffer a precipitous drop ranging from 10 to
wholesale phone 15 percent. Demand Stays Strong Yet despite all these gloom and doom scenarios being spouted by those prophets of plagues masquerading as market analysts, the mobile phone market
wholesale china phone has never ceased to amaze even the most pessimistic of the bunch. Consumer demand continues to simmer, leading some observers to assert, not fully tongue-in-cheek, that there is a huge pent up, and repressed desire to buy new phone models among mobile subscribers. Some industry players and analysts predict sales will shoot up once the economy stabilizes or consumers become brave enough to spend again. Asia-Pacific Leads the Way Market research firms are near unanimous in saying that the Asia-Pacific region is the current hotbed of the mobile phone sector’s growth. While other markets are at present lying in their near-death beds, the region’s consumers continue grabbing mobile phones as if the world is about to end as we know it. Buoyed up, perhaps, by its home region’s superhero-like performance, LG Electronics is launching three phone models that run Google’s Android mobile operating system. LG Mobile is fearlessly forecasting a 10-percent share of the mobile phone market in 2009. Its rival across town, Samsung, is unleashing an impressive bunch of mobile phones led by the Omnia Pro. Other Players, Too Market leader Nokia is not sitting idly by, either. The Finnish giant has released several mobile phones including high-end smartphones, entry-level models, and everything in between. Of course, everybody knows Apple has recently upgraded its bestselling iPhone 3G smartphone. And before that, Palm had launched the Pre smartphone, dubbed by some industry observers as the company’s last chance to survive as a manufacturer of smart gadgets. Times indeed are hard. But while nobody is lulled into believing otherwise, several vendors have jumped into the mobile phone fray.