Gartner: Electronics industry will recover in '10

Tired of hearing all the predictions about when the economy will recover? Here's one from Gartner that looks optimistic: Mobile phone and PC sales are ready to start leading the electronics industry into sustainable recovery next year. The one reason it differs from others is that it is only addressing a piece of the market that has been hit hard in this economic downturn.

Gartner said that signs show a market rebound in the fourth quarter of this year, sustainability in the second half of 2010 and a final push to recovery by 2011.

"Almost all sectors of the electronic equipment market are still declining, and we will need to see markets hit bottom before we see the waves of recovery and a rebound to positive growth," Gartner analyst Klaus Rinnen said in a statement. "The wider process of rebounding will occur over a period of approximately two years."

For more on this market prediction:
- check out this InformationWeek.com article

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