Handset displays shipments up 30% sequentially in 2Q09, says DisplaySearch

After hitting bottom in the first quarter of 2009, handset display shipments for the second quarter of 2009 reached 360 million units, up 30% sequentially and 3% on year, according to DisplaySearch. Revenues were up 29% sequentially to US$2.93 billion, but down 5% on year. The saturated Western European and North American markets are expected to see subscriber growth of less than 10% on year in 2009, while emerging markets like India and China are driving growth. These booming regions had a higher global system for handset communication (GSM) penetration ratio.



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