China Economic ReviewManufacturers of mobile phone handsets are expanding capacity more than twice as fast as growth in sales, according to a report on the industry prepared by US investment bank UBS Warburg. Analysts employed by the bank forecast that handset sales would grow 10 per cent in 2003 to around 75m units. However major domestic manufacturers […]
Total sales from China by Motorola rose 15 per cent year-on-year in 2002 to reach US$5.7bn, Bloomberg reported company president Mike Zafirovski as saying. The figure includes both domestic sales and exports. In the third quarter of 2002, Motorola sold 5.05m handsets in China, taking a 28.9 per cent market share, the largest of any […]
South Korean electronics giant Samsung plans to invest a total of US$7.3bn in China this year, China Daily said. Samsung Electronics China will build a thin film transistor liquefied crystal display plant and a notebook computer production firm in Suzhou, Jiangsu province, with both factories expected to begin operations in April. Samsung will also expand […]
Sony Corp is to build an assembly plant for liquid crystal displays in Wuxi, Jiangsu province, which should start production in March 2004. The Japanese group will also establish an engineering centre to support existing factories in China that make audiovisual and information-related equipment. These planned moves are designed to enable Sony to offer the […]
Elcoteq Network is to buy IBM's stakes in two Chinese joint ventures, Reuters reported. The Finnish electronics contract manufacturer is paying a total of US$37m for IBM's 70 per cent stakes in Shenzhen GKI Electronics and Beijing GKI Electronics, which assemble circuit boards used in cellular phones and other electronic products. Finnish telecoms giant Nokia, […]