Wholesale Prices Seen Dropping on GPS Phones
Downward price pressure on GPS-equipped mobile phones are likely to lead wholesale prices to drop as low as $200 by 2010, according to a price survey released Thursday by ABI Research. Such prices now are generally in the $250-$500 range.
“Recent industry developments, such as the announcement by CSR and Samsung of lower costs for GPS modules for mobile devices, will ensure that prices for GPS-enabled handsets quickly come down,” ABI analyst Shailendra Pandey said in the study’s announcement. Pandey added that prices will go down even further as manufacturers make GPS available in more devices.
ABI also expects the market for GPS handsets to grow quickly, from around 140 million last year to about 600 million four years from now.