Local Chinese Companies beaten up by Cellphone giants
Local Chinese Companies beaten up by Cellphone giants
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Local Chinese Companies beaten up by Cellphone giants
The global cellphone giants Motorola and Nokia have beaten the local Chinese companies in cellphone sales in China. Late last year, these MNCs had devised a strategy to compete with Chinese cellphone players, such as TCL Communications, Ningo Bird and Kejian in the Chinese market. Accepting the local Chinese business models, Motorola and Nokia launched low-end cellphones this year. They also strengthened their distribution network and systems in less affluent cities. This strategy paid off, resulting in a drop of the combined market share of local Chinese handset manufacturers to 38.3% in June from 41.2% at the end of last year.
Posted : 10/18/2005
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Local Chinese Companies beaten up by Cellphone giants