Samsung warns that the handset market ain’t what it used to be
Echoing sentiments ’round the globe is Samsung, who evidently understands that Q4 and beyond will be much tougher for handset makers than in quarters past. According to spokesman James Chung, “the actual global market growth on a unit basis could come short of [Samsung’s] initial forecast for 9% growth (in 2008),” and “as for next year, it is possible that the market could post a single-digit or even negative growth.” Of course, it’s not like any other cellphone maker has it too much easier, but for folks wondering if Sammy had some kind of magical elixir for generating positive numbers, we hate to say it doesn’t.
[Via RCRWireless]
Samsung warns that the handset market ain’t what it used to be originally appeared on Engadget Mobile on Tue, 25 Nov 2008 16:01:00 EST. Please see our terms for use of feeds.
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Original post by Darren Murph
