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Samsung warns that the handset market ain't what it used to be

Darren Murph

Echoing sentiments 'round the globe is Samsung, who evidently understands that Q4 and beyond will be much tougher for handset makers than in quarters past. According to spokesman James Chung, "the actual global market growth on a unit basis could come short of [Samsung's] initial forecast for 9% growth (in 2008)," and "as for next year, it is possible that the market could post a single-digit or even negative growth." Of course, it's not like any other cellphone maker has it too much easier, but for folks wondering if Sammy had some kind of magical elixir for generating positive numbers, we hate to say it doesn't.

[Via RCRWireless]

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