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Smartphones lose steam
Posted: 18-Jan-2004 [Source: The Korea Herald]

[S Korean manufacturers develop wait and see attitude as consumers showed lower than expected interest in high-end smartphones this past year. ]

"Samsung and other handset makers poured resources and engineers into the development of W-CDMA phones last year but they changed their strategy to a wait-and-see stance as the market shows no sign of growth at this point.

LG Electronics, which was eager to develop W-CDMA phones, is also expected to minimize its investment in W-CDMA phone development unless drastic government measures are taken to jump-start the market."

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