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Bitter smartphone war seen pinching vendor margins

  By TechUniverse
An increasingly heated battle in the global smartphone market is set to weigh on handset vendors' profit margins for the rest of the year, analysts said on Friday. All top cellphone vendors including Nokia, Samsung Electronics and Research in Motion are rolling out new smartphone models for the holiday sales-fueled fourth quarter. "The smartphone market is becoming heavily congested as a host of players seek to boost margins. The reality in the second half is set to be very different," said analyst Geoff Blaber from British consultancy CCS Insight. "The market will swell in volume but price erosion will inevitably result in casualties as value is captured by a minority rather than the majority," Blaber said. Read More

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