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"Perhaps handset growth won't have the upside potential we've seen over the past 18 months".
Nokia, the world's largest maker of mobile phones, will cut research and development spending in a bid to bolster profit as global handset growth slows and prices fall.
Wireless handset growth during the first quarter slowed to about 12%, compared to a 59% growth rate last year, according to Washington research firm Strategis Group.
Push notifications aren't an entirely new phenomenon, but as mobile handset growth continues to accelerate (along with faster handset releases), push alerts only grow in importance as a channel for applications to communicate with and re-engage users.
While Strategy Analytics earlier today pointed out that mobile handset growth globally is slowing down, tablets are still at an earlier stage of that adoption cycle and therefore have a lot more room for growth.
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Mr. Park of Tong Yang said Samsung's handset earnings growth might slow this year, with the likely introduction of the iPhone 5 by Apple, "but the recovery of chips and displays will more than offset potential drops, sustaining earnings momentum".
The firm raised its rating from sell to neutral as it expects handset storage growth to help earnings.
The news, in sharp contrast to warnings by other mobile handset makers that growth is slowing, helped to lift technology shares.
At the same time, the company is looking to its consumer-focused handset business for growth.
I see its investment in chip manufacturing as a sign that it's looking beyond handsets for future growth, and that it would like to be a preferred supplier of chips for handsets if it can't maintain its current share in devices.
The drive of smartphones to newer buyers in developing markets as prices of handsets plummets - driven by the huge growth of handset makers in mainland China - is changing the basis of competition, suggested IDC.
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