Boston MA |
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Strategy Analytics Inc |
Strategy Analytics Inc |
Strategy Analytics Ltd. |
Strategy Analytics |
199 Wells Avenue Suite 108 |
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Bank House, 171 Midsummer Boulevard |
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Newton MA |
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Milton Keynes |
75003 Paris |
MA 02459 |
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MK9 1EB |
France |
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Tel: +1 617 614 0700 |
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Tel: +44 1908 423600 |
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Los Angeles |
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London |
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Strategy Analytics Inc |
Strategy Analytics Inc |
Strategy Analytics : Teligen |
Strategy Analytics GmbH |
3342 Wimbleton Drive |
2610 Presidio Dr. |
Great West House, Great West Road |
Sebastiansplatz 5 |
Los Alamitos |
Brentwood |
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D-80331 Muenchen |
CA 90720 |
CA 94513 |
Middlesex, TW8 9DF |
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Strategy Analytics Inc |
Strategy Analytics Inc |
Strategy Analytics Inc |
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Level 18 Yebisu Garden Place Tower |
16F, Gangnam Bldg., 1321-1 |
59-2-102 Beijing Suncity |
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4-20-3 Ebisu Shibuya-ku |
Seocho-dong, Seocho-gu |
No. 30 Litang Road, Xiaotangshan |
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Tokyo 150-6018 |
Seoul, 137-070 |
Changping District, Beijing |
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Korea |
P. R. China 102209 |
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Tel: +81-3-5789-5935 |
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PK & Wise |
Hinton Information Services |
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6F J's Building |
6F-3 #103 Rueihu Street |
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1487-4 Seeocho-dong Seocho-gu |
Neihu |
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Seoul 137869 |
Taipei 11494 |
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Korea |
Taiwan |
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Tel: +82 2 597 8756 |
Tel: +886-2-27993110 ext. 319 |
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Fax: +82 2 598 9444 |
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Smartphone Vendors Prepare to Battle Samsung and LG in South Korea
Boston, MA - 6 May 2009 - According to the latest research from Strategy Analytics, technological and regulatory barriers are coming down in South Korea, enabling more foreign brands to enter the local handset market. Smartphone vendors, like Nokia and Blackberry, are lining up to take marketshare from the established leaders of Samsung, LG and Pantech.
Alex Spektor, Analyst at Strategy Analytics, said, "South Korea is an attractive investment for foreign handset brands. Consumers in South Korea will buy more than 20 million cellphones in 2009 at prices well above the global average. Several technological and regulatory barriers are falling down and there is currently an unprecedented opportunity for overseas players to introduce their 3G smartphones to this potentially lucrative market."
Tom Kang, Senior Analyst at Strategy Analytics, added, "Samsung, LG and Pantech are the big three handset vendors in South Korea, with a combined marketshare of 92 percent in 2008. If foreign smartphone players, such as Nokia, Blackberry, HTC and Apple, can deliver a compelling portfolio of 3G devices and services customized to local Korean tastes, then there is plenty of scope for them to take share from the established local leaders over the next few years."
The full report, "Foreign Smartphone Vendors Set to Grab Market Share from South Korean Incumbents," is published by the Strategy Analytics Wireless Device Strategies service.
Press release contact
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Alexander Spektor |
Phone number:
+1 617 6140726 |
Email:
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