June sell through was weak as the market dropped 6% compared to May. The US market dropped 5% and the Chinese market dropped almost 10%. It was a mixed picture in Europe as the economy is still weak. Sell-in however was fairly flat and the inventory level is the highest in 2 years. This will be troublesome in the second half of this year.
Smartphones were almost 60% of the market and Android share reached 80% for the first time.
Samsung’s handset market share stopped at 28% and smartphone market share actually dropped as tier 2 local vendors grew. Nokia continues to lose share in both smartphones and feature phones. LG, HTC and Sony show improved performance. Local vendors continue their advance in Emerging Markets...
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