The smartphone market is likely to continue expanding even in the new year. On December 22, a market outlook organization predicted that the world's smartphone market in the new year will be increased by 50-60 percent compared to this year. They estimate the world's smartphone market will become about a US$270-280 million market.
This will be a good opportunity for the accessories and parts manufacturing companies that place their products into these smartphones. However, to actually earn the profits available, they must meet the demands.
In numerous situations, the accessories that are placed into smartphones are two times more costly than accessories placed in a typical cell phone. For the new year, these accessory manufacturing companies must improve their warranties, number of products manufactured, production rate, and manpower.
One particular company to observe is Samsung Electronics, who manufactures semiconductors such as FC-CSP that are placed into smartphones.