Mobile Phone Industry

Industry and Company Profiles

Industry: Telephone Communications

Brief Reasoning of Choice

As a major in Management and Computer Science, the optimal goal is to create a system that provides technology that is convenient, resourceful, and efficient. My main interests are in mobile systems that provide the leading edge in design, functionality, and resourcefulness. A possible professional career of a management and computer science major is in the mobile phone industry. Within this field, a possible area that a management and computer science major may be responsible for is providing a mobile phone with an optimized, consumer friendly system that is available to the any consumer that requires the cutting edge in mobile phone systems. This analysis will compose of investigating the company HTC Corporation and its attributes in order to provide significant insight into my future career.

Industry Profile

Industry Name: Telephone Communications, excluding radio

Overview:

This industry focuses on operating cellular wireless telecommunications and other wireless telecommunication networks. Other names for this industry include cellular telephone communication carriers, telecommunications carriers, and cellular telephones. Firms in this industry provide communication devices and services that exclude satellite communication carriers.

Development in technology continues to revolutionize the distribution and form of wireless telecommunication services. New advancements increase telecommunication clarity and speed; web services download and upload rates from the services side of the industry. Further advancements in the increased efficiency of transfer of data also allows for cheaper service rates. This allows for growth...

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...within the top 50 largest economies in the world and has a prediction of an annual growth rate at 3% till 2017.

Further predictions of 2013 include consumers spending $108 billion on wireless data and $91.5 billion on wireless voice, compared to 2011 when consumers spent $73.6 billion on wireless data and $102.3 billion on wireless voice. Compared to other computer devices, in Q4 2010, there were 101 million mobile broadband-dependent smartphones sold versus 92 million PCs. As worldwide telecommunications spending increases to $5 trillion in 2013, of which $1.2 trillion in the United States, the telecommunications industry is preparing for the growing demand of technically superior products including the development of 4 Generation handsets. However, with government locks on the spectrum range allowed, predictions indicate a spectrum shortage as early as 2015.