Tuesday, June 14, 2005

China to Surpass Japan's Mobile, PC Markets

From Forbes: Sales of cellphones in China likely to top those in Japan in 2005

"Sales of mobile phone handsets in China are likely to surpass those in Japan in value for the first time in 2005, Nomura Research Institute said Tuesday."

"The Chinese market, which has already outgrown the Japanese market in volume since 2001, is forecast to amount to 1,832 billion yen for this year, compared with 1,823 billion yen projected for Japan, the leading think tank said in an analysis of information technology markets in Japan and China."

"The same value-basis reversal may take place in the personal computer market in 2005, while unit sales of PCs in China have already topped those in Japan since 2002."

1 US Dollar (USD) = 109.460 Japanese Yen (JPY)

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