Mobile phone output to reach 400m
(Xinhua)
Updated: 2006-09-06 11:06
China is expected to produce 400 million mobile phones in 2006, half of the
world's output, said a source with the Ministry of Information Industry.
In the first half of this year, China churned out 210 million mobile phones,
up 64 percent over the same period of 2005, and the country's mobile phone
export volume hit 13.3 billion U.S. dollars, China Youth Daily reported on
Tuesday, quoting Wang Bingke, deputy director of the ministry's Economic System
Reform and Operation Department.
However, Wang said the rapid
development of China's mobile phone industry also meant tough competition in the
sector in the future, as foreign-invested mobile phone enterprises have shifted
their export focus from the high-end market to the middle and low-end markets to
compete with Chinese enterprises.
China now has 420 million mobile phone
subscribers and the number of subscribers increased by over 30 million from
January to June this year.
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