Arab Today, arab today global tech industry uneven as mobile surges
Last Updated : GMT 18:32:28
Arab Today, arab today
Arab Today, arab today

Global tech industry uneven as mobile surges

Arab Today, arab today

Arab Today, arab today Global tech industry uneven as mobile surges

Los Angeles - AFP

The global tech industry has become a tale of two sectors, with mobile devices surging at the expense of older electronics that are struggling, a forecast showed. A survey presented ahead of the International Consumer Electronics Show, the biggest trade show of its kind, projects modest growth of four percent for the industry expected to generate 2013 sales of $1.1 trillion. But half of the revenues will come from mobile connected devices -- smartphones, tablets and mobile computers, according to the forecast by the Consumer Electronics Association and GfK Research. The industry has been buffeted by the huge shift to mobile, but also by sluggish global economic conditions, especially in recession-hit Western Europe. The report said 2012 sales, which a year ago were expected to rise five percent, ended up falling one percent, dragged down by weakness in Europe. Western Europe is expected to contract again in 2013, while North America will see tepid growth, and the chief drivers of tech growth will be from big emerging markets like China, the forecast said. Steve Bambridge of GfK said that with many big economies in recession it will be hard to rev up tech sales. \"We\'re no longer talking about double digit growth,\" he told reporters in Las Vegas at a preview to the big electronics show that starts Tuesday. \"Were talking about a recovery in growth but a much more modest recovery.\" Steve Koenig of the CEA said tablets were the clear star of 2012 and that sales are expected to jump another 50 percent in 2013. \"Tablets were a must-have item for both Western Europe and the US,\" he said, calling the devices probably the biggest growth item in the history of the industry. But he said the surge in tablets and smartphones has meant people are forgoing other devices like laptop computers, small televisions for the bedroom or kitchen, or even digital cameras, since many of these functions can now be done on a tablet or phone. \"A lot of these old technologies are turning into apps,\" Koenig said. \"We may end up seeing the whole hardware industry turn negative because it\'s all going into the cloud, into services.\" Video game sales are flat or declining, he said, while mobile computers may be gaining some traction with new form factors: \"Convertible\" or \"hybrid\" computers that can function as tablets may erase memories of the failure of \"ultrabooks,\" according to Koenig. While many consumers are using tablets instead of a second television, Koenig said interest is growing in \"jumbo\" TVs with screens of 60 inches (152 centimeters) or larger. \"More and more sales are starting to happen at this super jumbo size,\" he said. But so-called ultra HD televisions remain slow to capture the market because of the steep price tags of several thousand dollars, according to the CEA/GfK forecast, which showed the segment capturing just five percent of the US market by 2016.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today global tech industry uneven as mobile surges Arab Today, arab today global tech industry uneven as mobile surges

 



Arab Today, arab today
Arab Today, arab today Fadi Kataya explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Messi visit will contribute in tourism

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Mental conflict endures

GMT 07:36 2017 Friday ,24 February

Mental conflict endures

GMT 21:36 2017 Wednesday ,22 February

Opec needs to prolong cuts to eliminate surplus

GMT 16:32 2017 Wednesday ,22 February

US Treasury chief tells IMF to monitor currencies

GMT 16:08 2017 Wednesday ,22 February

Qatari banks merger to rebalance financial sector

GMT 05:57 2017 Wednesday ,22 February

Britain risks clash with EU over RBS bailout

GMT 05:26 2017 Wednesday ,22 February

Singapore carbon tax would hit refiners, help renewables

GMT 05:18 2017 Wednesday ,22 February

Chinese PM: US should avoid ‘trade war,’

GMT 20:59 2017 Tuesday ,21 February

Economy good, but homes in German cities overpriced
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Wafaa Amer is happy for Sherihan’s return

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 05:19 2017 Tuesday ,21 February

Salma Rashid happy for 'A Whisper of Love'

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 07:51 2017 Wednesday ,22 February

Mom's immune system accepts babies

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday