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Article: ANALYSIS - CHINA'S MOBILE PHONE SECTOR TO GROW AGAIN IN 2005.
- Article from:
- AsiaPulse News
- Article date:
- March 17, 2005
CopyrightCOPYRIGHT 2005 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BEIJING, March 17 Asia Pulse - China's mobile phone industry, which grew by more than a quarter in both production and sales in 2004, is expected to keep growing strongly in 2005, thanks to quick expansion in domestic demand and a better macro economic environment.
But the industry's development environment is likely to feature both opportunities and challenges.
NEW PHONE USER BASE
China's fixed asset investment in the telecoms operating sector amounted to 217.3 billion yuan ($US262.5 million) in 2004, an increase of 20% over the figure for 2003. This will create a good development chance for the mobile communication equipment manufacturing ...