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Under the Radar Market Research Brief – Global Wireless OEM Financial Results Q1 2009 :: EJL Wireless Research
Market Briefing
Published: June 2009
Pages: For full details, please email keithw@cmsinfo.com
Tables: For full details, please email keithw@cmsinfo.com
From: GBP 1246.00 Buy Now!
Research from: EJL Wireless Research
Sector: Handsets & Devices
This report presents a financial analysis of the recently completed first quarter of 2009 for the following wireless OEMs:
Alcatel-Lucent
Ericsson
Motorola
Nokia Siemens Networks
Nortel Networks
ZTE
Economic uncertainty continues as revenues dropped 32.5% sequentially in a seasonally weak Q1
The global wireless BTS infrastructure market revenues declined by 22.4% for the first quarter of 2009 to USD $9.8 billion compared with the first quarter of 2008, according to the latest report from EJL Wireless Research titled “Global Wireless OEM Financial Results Q1 2009.”
“While we expected a seasonally weak Q1, revenues were off by 32.5% from Q4 which is indicative of the continued economic uncertainty within the wireless sector,” says founder and President, Earl Lum. ZTE was the only company that did not decline substantially in Q1 from Q4 levels while Nortel was down 60.6% due to the continued uncertainty on the emergence of the company from bankruptcy protection. The report provides a unique perspective on the global wireless infrastructure revenues for major wireless OEMs including Alcatel-Lucent, Ericsson, Motorola, Nokia Siemens Networks, Nortel Networks, and ZTE.
“Given how weak Q1 was, it is possible that the wireless infrastructure market may drop 15-20% in revenues in 2009, even with 3G growth in China and India,” says Lum. As Huawei Technologies remains the only company not represented in this financial analysis, we believe that the results offer a realistic snapshot for the industry on how the overall market is progressing for 2009.