Smartphones below USD 100 to reach 500 mn units in 2012
"In 2012, Deloitte predicts that by year-end over 500 million smartphones with a retail price of USD 100 or less will likely be in use worldwide," said the Technology, Media and Telecommunications Predictions 2012 report.
Deloitte predicted that USD 100 smartphone will sell at least 300 million unit in this year, representing about 20 percent of all mobile phone shipment in 2012.
At present, installed base of USD 100 smartphones stood at roughly 200 million units at the end of 2011, it said.
According to Deloitte, these devices will have the look and feel of smartphones, sporting touch screens or full qwerty keyboards but will have weaker processors, less memory, slower connectivity options, lower resolution cameras.
"The processor in a USD 100 smartphone is likely to be about 200 to 600 Mhz, well below the processing power of high end smartphones, some of which will have multiple cores and clock speed of over 1.5 Ghz," the report said.
The USD 100 smartphone will also likely include a basic camera with at least 2 megapixel resolution, it added.
Deloitte expects that USD 100 smartphone in 2012 will have Wi-Fi connectivity as standard part of the feature set and few of them will be 3G enabled.