By K.C. JonesInformationWeek
Companies that can't keep up could become irrelevant, according to iSuppli.
"Over the next 10 years, as mobile devices like smartphones become the primary channel for viewing content or accessing the Internet, social networking will move largely into the wireless realm, providing the type of ubiquitous connection that consumers are demanding," Derek Lidow, president and CEO at iSuppli, said in an announcement Wednesday. "This event will accompany the creation of a new generation of applications that will greatly expand the appeal and utility of social networking, and will finally generate profits for the social networking industry."
Wireless social-networking applications and products will become must-haves for consumers and businesses, Lidow said.
Wireless devices are likely to become the primary means of communicating, accessing content, and using applications by 2018, and that will change the semiconductor and display industries globally, iSuppli predicts.
"Because of this increased emphasis and surge in technological advancement, displays will emerge as the most valuable portion of the mobile-device value chain, with makers of portable wireless devices stressing differentiation via superior display technology," Lidow said.
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