Article: HOME MOBILE PHONES CAN COMPETE WITH FOREIGN RIVALS

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Home Mobile Phones Can Compete With Foreign Rivals

CHINA, Jan 31, 2002 (AsiaPort via COMTEX) -- Statistics show that during the third quarter of last year, the sales volume of mobile phones in the global market slid 9 year-on-year.

In terms of global market, mobile phones have become consumption electronic products. The gradual saturation in this market has forced foreign giants to resort to overall adjustment.

Philips has transferred its global mobile phones businesses to China. Siemens is negotiating with other mobile phones manufacturers to discuss mergers and acquisitions issues. After incurring loss in mobile phones businesses, Ericsson has outsourced a large ...

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