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3G Handsets Make Splash on Global Market







3G Handsets Make Splash on Global Market

3G Handsets Make Splash on Global Market 06/08/2004 09:07 AM

Digital Chosunilbo Jun 8 2004 12:57PM GMT




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3G Handsets Make Splash on Global Market

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Lite-On IT DVD recorders are sold in the retail channel in the US and Europe. The number of Costco outlets selling the company’s DVD recorders in the US has grown from six to about 400. The company’s Europe channel includes Dixons in the UK and Casino in France, Liao noted. In addition, Lite-On IT is making efforts to secure OEM/ODM orders from international brands, Liao added.

View: The full story
News source: DigiTimes

Read full story...

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The global handset market will slow down, so companies must target new demographics and create innovative marketing strategies for existing users, according to a new study by consultancy Frost & Sullivan.

Although the total number of mobile handsets sold is expected to rise, the average price of each unit is expected to fall as vendors aim at emerging markets. Overall, worldwide revenues are projected to fall by nearly 16 percent by the end of the decade -- from $126.28 billion in 2004 to $106.59 billion in 2010.

The study, which described the current era in the handheld industry as one of "transition," offered suggestions to help handset companies attempt to turn the trend around. One way for the industry to gain revenue is to market newer and more expensive technology to existing handheld users, Frost & Sullivan said. For instance, the "smart phone," which includes a mobile phone, a PDA (personal digital assistant), and a notebook computer all in one, could appeal to current and former users because such a device is easier to carry than several different devices.

Another important move for mobile handheld device companies is to market toward the technology friendly youth market. Young people between the ages of 13 and 25 offer a lucrative revenue stream and the youth market represents demand for a variety of applications such as downloading ringtones, text messaging and interactive gaming. In fact, youths' downloading of ringtones accounts for the majority of the industry's current revenue.

But perhaps more important is another universal characteristic young customers in particular represent -- the demand for similar quality in wireless devices as in the wired Internet and the unwillingness to settle for less, the study said.

The study, which surveyed hundreds of companies, added that the industry should be -- and is -- turning its focus to emerging markets around the world. By moving production facilities to new regions that will soon experience greater wireless penetration the companies will be able to save on production costs and create proximity to the untapped markets.

The study suggested that though revenues are expected to decline, consumer electronics is still shifting more and more toward mobile devices. It hinted that the handheld industry will have a chance to capitalize as long as companies aggressively explore markets and demographics and respond quickly to the customers' need for personalized and integrated wireless equipment.

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