From Reuters, via CNet News:
Gone are the days when global electronics giants could dump last year’s wares on China, counting on a nation of gadget hillbillies to buy the world’s leftovers.
The world’s most populous nation has evolved into a leading electronics market, with newly wealthy consumers snapping up everything from the latest mobile phones to digital cameras and MP3 portable audio players.
In a nod to China’s growing importance and sophistication, many of the world’s top electronics makers–from cell phone giants like Motorola and Nokia to chip designers like Intel–now boast major product development and specialization centers in China. [Full text]
See also “Sony sees 2006/07 Chinese sales up 20-30 pct” from Reuters.
