Featured Articles

Apple iPad Air 2 costs $275 to build

Apple iPad Air 2 costs $275 to build

IHS has told Recode that the Apple iPad Air 2 16GB Wifi costs only $275 to build -- not bad…

More...
LG sells 16.8 million smartphones in Q3 14

LG sells 16.8 million smartphones in Q3 14

As Samsung is losing market share, another Korean company, which many had written off, is gaining.

More...
LG G Watch R EU price set at €299

LG G Watch R EU price set at €299

LG G Watch R is probably the best looking Android Wear device on the market and many have been waiting for…

More...
Nvidia GTX 970 SLI tested

Nvidia GTX 970 SLI tested

Nvidia recently released two new graphics cards based on its latest Maxwell GPU architecture, with exceptional performance-per-watt. The Geforce GTX 970…

More...
Gainward GTX 970 Phantom previewed

Gainward GTX 970 Phantom previewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Tuesday, 04 March 2014 08:28

Qualcomm expects smartphones to grow and grow

Written by Peter Scott



Still not mature?

Qualcomm CEO Steve Mollenkopf believes there is still plenty of room for growth in the smartphone space. Smartphone sales have been booming for years and many industry watchers believe the industry is overheating, but Mollenkopf is confident that consumers will still be upgrading their mobiles like there's no tomorrow.

Qualcomm has a very good reason to be bullish. Its smartphone chip sales grew 39 percent last year and the company shipped more than a billion chips, including SoCs and modems. However, by 2017 IDC analysts expect smartphone growth to slow to about 8 percent, as smartphones mature.

Still, Mollenkopf insists that the smartphone market is still wet behind its ears and that emerging markets will be the main growth drivers moving forward.

“Cell phone technology has barely made it into the car, it’s barely made it into health care, it’s barely made it into a lot of areas where it will go,” he pointed out in a recent conference call, reports Bloomberg

Mollenkopf believes the gap between what people want to do with mobile tech and what the industry is currently doing is still pretty large. Integration and diversification seems to be the next avenue - getting cellular tech into cars, medical devices and integrating stuff with wearables.

blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments