Smartphones will make up half of the mobile phone market in the next few years, according to Marvell Technology Group's chief executive Sehat Sutardja.
He predicted multimedia-enabled smartphones will account for at least 50 per cent of all mobile phones in the next three to four years, and grow even more popular in the following years.
"Smartphones today are only addressing the tip of the pyramid," Sutardja told the Reuters Global Technology Summit in New York.
"I would say in the next three to four years, at least 50 per cent of the market will move to smartphones," he said, adding that may grow to 90 per cent in six to seven years.
Sutardja also said it was hard to tell if technology demand was recovering, noting it was hard to distinguish between temporary moves to replenish inventory and a real rebound in demand.
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