While U.S. smartphone growth slows down, and risks declining more thanks to higher service fees,...
While U.S. smartphone growth slows down, and risks declining more thanks to higher service fees, Raymond James' Tavis McCourt thinks the Chinese smartphone market could grow from 100M units in 2011 to 250M-300M units in the coming years, given the country has a base of 1B+ mobile subs. He sees Apple (AAPL - previous), Samsung (SSNLF.PK), and Qualcomm (QCOM - previous) as key beneficiaries, while noting Nokia's (NOK) Chinese smartphone share fell to 11% in Q1 from 80% in 2010.
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