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Forecast: Electronics Industry To Recover In 2010
Tech Business
Written by Daniel   
Thursday, 25 June 2009 11:33

Mobile phones are projected to be the first market to achieve a sustainable recovery, says Gartner.

By Antone Gonsalves
InformationWeek
June 25, 2009 09:58 AM

Mobile phone and PC sales are poised to start leading the electronics industry into sustainable recovery next year, a market research firm said.

Signs of the recovery should become evident in the fourth quarter of this year, becoming sustainable in the second half of 2010, as measured by a rolling 12-month comparison with the prior year, Gartner said. Electronics sales are expected to accelerate further in 2011.

"Almost all sectors of the electronic equipment market are still declining, and we will need to see markets hit bottom before we see the waves of recovery and a rebound to positive growth," Gartner analyst Klaus Rinnen said in a statement. "The wider process of rebounding will occur over a period of approximately two years." [Comments...]
 
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