Smartphone Landscape to Change Dramatically in Asia

from CNBC stock blog:

>>But how is the smartphone market in Asia right now?

Bertrand Bidaud, managing vice president at Gartner Group shared his view with CNBC Asia.

“The smartphone sector is very concentrated,” he says. "Right now Nokia, Sony and Blackberry own around 70% of the market. But because this market is growing so fast and is resisting quite well in terms of price pressure, it is attracting interest from all the other players like LG, and Samsung."

...

“So this landscape is going to change very dramatically in the next few quarters,” Bidaud says.

“We expect in five years the smartphone segment to grow three times, whereas the overall mobile segment to grow by 50 percent.” Bidaud concludes, “So it’s going to grow much much faster than the rest of the industry.”