[photopress:IT_Nokia_China_thumb.jpeg,full,alignright]The Ministry of Industry and Information said China witnessed a significant slowdown in mobile phone production in the first quarter of this year, as a result of the ongoing upgrading of product.
Between January and March, 141.29 million mobile phones were produced, a growth of 6.7% on the same period of last year. But the growth rate was 27.8 percentage points lower than the year-earlier level.
Motorola, a major producer which has operations in northern and eastern China, was said to be largely responsible for the the production decline in Tianjinand in Zhejiang, an eastern province.
Tianjin recorded RMB19.8 billion yuan ($2.8 billion) in revenues on mobile phone production in the first three months, down RMB5.2 billion yuan, or 20.8%. Zhejiang’s revenue on mobile phone manufacturing was RMB7.46 billion, down RMB6.4 billion, or 46.2 percent.
In 2007, China produced 548 million mobile phones. This is now a nation with more than 500 million mobile phone users. But and this is important, they are almost all G2 standard users. With the release of the home-grown G3 — TD-SCDMA — this is biggest market in the world for new, improved, and slightly more profitale, mobiles.
Nothing much will happen until the middle of the year and then you can expect to see the figures zoom.
There is no information as to whether our model is holding one of the new mobiles. And, frankly, it does not matter.
Source: China Daily