Global handset Brands Will Shrink

A Reuters report via WP predicts  the choice of handset brands will reduce drastically in the coming years as smaller players exit the cut-throat market.

High research and development costs and a trend toward low-margin but high-volume phones are likely to force further consolidation among mobile handset makers.

The global top five -- Nokia, Motorola, Samsung Electronics, LG Electronics and Sony Ericsson -- already make roughly 75 percent of all mobile phones.

Around 45 vendors are left fighting for the remaining 25 percent share, which analysts say is clearly untenable. (link)

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Tags:  Handset,  Handphone,  Cellphone, , Mobile Phone