[qi:gigaom_icon_mobile] The global market for handsets in 2009 will shrink 7.5 percent from the prior year, according to a blog post written today by ABI Research. That compares with a prior contraction forecast of 8.1 percent. The firm revised its global handset sales outlook following a better-than-anticipated first half of the year.
And while ABI analyst Kevin Burden expects industry consolidation driven by vendors’ need to support more hardware platforms, operating systems and applications, as well as an overall pressure on profits, he doesn’t see that consolidation taking place until 2010 and beyond. From the post: Read More about Handset Market Goes From Bad to Better