A Mobil Revolution in China

Reuters’ Beijing corespondent wrote a article called “A mobil revolution in China.

Here are some excerpts from the article:
“While operators in more developed economies struggle to grow in saturated markets, China’s mobile users are likely to double to 500 million by 2007, surpassing the population of the United States. ”

“Major international equipment producers – such as Ericsson, Alcatel, Lucent Technologies Inc, Siemens AG, and Nortel Networks Corp – have invested hundreds of millions of dollars in China even as they cut costs and lay off staff elsewhere. 

And handset makers Motorola Inc and Nokia are battling for the top spot in China’s fashion-conscious mobile phone market, worth US$8.4bil last year.  ”

December 18, 2003, 4:46 PM
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Categories: Economy
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