Wondering where all the growth is in consumer electronics? Today we’re getting the confirmation that much of it is in mobile phones and flat screen TVs (see Samsung story below).
IDC says the worldwide mobile phone market returned to growth after five quarters of sluggish sales in the fourth quarter of 2009, achieving an 11 percent boost in the quarter. The U.S. and Asia led the gains as suppliers shipped 325 million phones, up from 292 million in the same quarter in 2008.
For the full year 2009, suppliers shipped a total of 1.13 billion mobile phones (including smartphones), down five percent from 2008.
2010 should see continued growth, said IDC. “Economic recovery mixed with pent-up demand will
create positive conditions for handset vendors in both developed and emerging markets in 2010,” said analyst Ramon Llamas.
Source: IDC via FierceWireless