Friday, August 26, 2005

Nokia Sees 200M New China Mobile Users in 3 Yrs

From ExtremeTech: Nokia Sees 200M New China Mobile Users in 3 Yrs

"Top mobile handset maker Nokia expects 200 million new subscribers to sign up for mobile phone services in the rapidly growing Chinese market in the next three years, the company said on Thursday."

"The Finnish group expects huge growth in mobile use in the Asia-Pacific (APAC) region but fierce price competition will limit revenue growth there over the next few years, its Networks division head Simon Beresford-Wylie said."

"In the second quarter of this year, Nokia said it had a mobile phone market share of 32 percent in China, while in the Asia-Pacific region as a whole its share was 30 percent.
There were some 400 million subscribers in China at the end of last year."

Read more:
Alarm Bells Ring for Chinese Cellphone Makers
China's Biggest Cellphone Maker, Ningbo Bird, Plunges into Red
UTstarcom Gets Licence to Make and Sell GSM and CDMA Handsets in China

2 Comments:

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