China's Huawei Technologies is one of the world’s largest telecommunications equipment and services providers.

Bleak Credit Suisse smartphone output forecast begs question - have we hit point of peak mobile phones?

Credit Suisse predicts 19 pct drop in global smartphone output

Global smartphone production in the first quarter of this year is expected to drop 19 per cent as major handset makers feel the effects of softer demand and weak consumer sentiment in China, according to a technology research report from Credit Suisse.