No one sells as many smartphones as
(OTCMKTS:SSNLF). At least, not yet.
The two main producers of the increasingly ubiquitous device have
been egging each other on for years, in a kind of technological
arms race, each one trying to out do the other with new models.
If one developed an HD screen, the other made its screen even
bigger, and so on. However, indicators now suggest that the two
major companies who have pioneered smartphone manufacturing are
beginning to run out of ideas. Their combined share of the global
slipped from 49% to 43%
over the course of the last year. And with the dip in innovation,
prices have begun to drop, giving an advantage to Asian
manufacturers with lower costs.
Several telecommunications and technology companies in China,
South Korea, and Japan have made a push toward creating more
cost-effective alternatives to the glamorous iPhone.
) are coming out with new models this year, and Chinese companies
(SHE:000063) are breaking in to emerging markets, offering their
own low-cost alternatives as well.
Apple is expected to announce
a cheaper model
of the iPhone by the end of the year, perhaps a concession that
dropping four to six hundred bucks on a cellphone will eventually
cease to be the norm. But investors will want to keep their eyes
on how Apple and Samsung might make up for the shortfall - if
Will smaller tech manufacturers start to get a bigger slice of
the smartphone pie? Use the list below to begin your own
: Provides Internet and digital mapping and navigation services
worldwide. Market cap at $15.03 billion; most recent closing
price at $4.05 per share.
: Designs, develops, manufactures, and sells electronic
equipment, instruments, and devices for consumer, professional,
and industrial markets worldwide. Market cap at $22.35 billion;
most recent closing price at $22.11 per share.
: Engages in the manufacture and distribution of IT products, and
provision of IT services in worldwide. Market cap at $10.26
billion; most recent closing price at $18.40 per share.
: Engages in the design, development, production, distribution
and installation of various telecommunications systems and
equipment. Market cap at $5.21 billion; most recent closing price
at $3.03 per share.
Editor's note: This article was written
by James Dennin,
writer. Analyst ratings sourced from Zacks Investment Research.
All other data sourced from Finviz.
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