For the first time ever, the global market for liquid-crystal display television (LCD TV) panels declined in the third quarter of 2013 compared to the second, a worrisome development during what is normally a strong period of the year.
The market for mobile dynamic random access memory (DRAM) grew in the second quarter in light of anticipated demand for the upcoming hot selling season.
In spite of stiff competition presented by tech gadgets such as smartphones, the mirrorless camera segment is registering growing consumer interest and has managed to buck the general downtrend of digital still cameras to turn in robust growth in sales.
By 2017, worldwide shipments are expected to drop further to 110.8 million units, lower than the previous forecast of 113.6 million units, as the adoption of mobile devices at lower price points is expected to continue.
The rest is spent on communication such as sending emails and visiting social media sites; production activities, such as editing videos and writing blogs; and finding information, including checking the news and weather and researching products and services.
While Apple did not address the low end of the market with its announcement, the iPhone 5c represents a major departure from its previous product strategy, which could improve the company's competitiveness.
The worldwide smart connected device market, comprised of PCs, tablets, and smartphones, is forecast to grow 27.8% year-over-year in 2013, while the PC outlook has been lowered by 10% in 2013.