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S. Korea's Smartphone Market Growth Forecast to Turn Negative This Year
Source: english.yonhapnews.co.kr
Source Date: Monday, October 14, 2013
Focus: Electronic and Mobile Government, Citizen Engagement, Internet Governance
Country: Korea (Republic of)
Created: Oct 15, 2013

Growth in the South Korean market for smartphones is expected to turn negative this year due to market saturation, a report showed Monday.

 

According to the report compiled by Strategy Analytics, the local market for smartphones is expected to decline 14 percent to around 26.3 million units for the year, from last year's 30.7 million units.

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