Business News

Published: Thursday March 7, 2013 MYT 12:00:00 AM
Updated: Thursday April 18, 2013 MYT 1:21:38 AM

China smartphone shipments to rise to 460 million by 2017 - IDC

HONG KONG: China's smartphone shipments are expected to rise sharply to 460 million by 2017 and will make up nearly all mobile phone sales, research firm IDC said, as increasingly wealthy consumers opt for more feature-filled phones.

China has more than 1 billion mobile phone subscribers, with many switching from low-end feature phones to smartphones in the past few years as prices become more affordable with some smartphones selling for less than 1,000 yuan apiece.

Handset vendors, such as Samsung Electronics Co Ltd, Apple Inc, ZTE Corp, Huawei Technologies Co Ltd and others, shipped a total of 213 million smartphones in 2012, more than double 2011 figures, according to IDC.

No rankings of top smartphone vendors in China were immediately available from IDC analysts.

Smartphones made up almost 58.8 percent of total handsets shipped in China in 2012, with the figure expected to rise to 78.4 percent in 2013 and 90.1 percent in 2017, IDC said. - Reuters

Tags / Keywords: News, Business, China smartphone shipments, feature-filled phones, IDC, Business

advertisement

  1. Eastspring Investments launches target income fund
  2. Four in 5 parents wished they had saved earlier for education
  3. MAS privatisation will cost Khazanah RM1.18bil
  4. Anthony See ousted from Box-Pak
  5. Self-service launderettes are seeing a resurgence in Klang Valley
  6. AirAsia Group says will move into KLIA2 by May 9 (Update)
  7. Chinese gold demand may rise 20% by 2017
  8. China may have 1,000 tonnes of gold tied in financing: WGC
  9. Banking on the go
  10. Radical revamp of Malaysia's education

advertisement

advertisement