Monday, December 04, 2006

Mobile Phone Sales Rise as Chinese Brands Suffer


From ShanghaiDaily:

"China's mobile phone sales grew by 3.88 percent in the third quarter but the market share of Chinese brands dropped below 30 percent for the first time, research companies said yesterday."

"The market share of local brands fell to 29.2 percent by September, from 38 percent in December last year and 55 percent in 2003, said Beijing-based CCID Consulting, a research firm under the Ministry of Information Industry.

Nokia and Motorola held more than 55.6 percent of the market. In the third quarter, Nokia's market share was 33 percent, followed by Motorola's 22 percent and Samsung's 8 percent, according to Sandy Shen, a Gartner's analyst.

Top Chinese handset makers are Ningbo Bird and Lenovo, each with 5 percent of the market, said Shen."

2 Comments:

At 2:55 PM, Blogger ChinaLawBlog said...

This should not be a big surprise. The Chinese consumer is really not that different from consumers anywhere. Their purchases are typically based on a combination of price/quality and Nokia and Motorola have been doing a pretty good job with this in many countries.

 
At 9:39 AM, Anonymous Penny Stock Advice Tips said...

I would like to comment about public offerings. New issues are almost always bad investments the vast majority of these stocks are way over priced on purpose. I always recommend that investors stay away from these stocks.

 

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