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Three Chinese phone makers in global top 10
By Zhu Shenshen |
May 21, 2010, Friday
|
Online Edition
Online Edition
THREE Chinese firms, two in the mainland and one from Hong Kong, have been listed in the world's top 10 handset makers, thanks to the growing market demand in Asia, a United States-based research firm said today.
By the end of the first quarter, Shenzhen-based ZTE Corp ranked No. 8, followed by Hong Kong-based G-Five with the No. 9 position, which ranked in the top 10 for the first time. Shenzhen-based firm Huawei Technologies ranked No. 10, according to Gartner Inc, a US-based IT research firm.
The combined market shares of the top five mobile handset manufacturers, including Nokia, Samsung, LG, RIM (Research in Motion) and Sony Ericsson, dropped from 73.3 percent in the first quarter of 2009 to 70.7 percent in the same period this year, according to Gartner.
ZTE, which expects mobile phone revenue to grow 35 percent annually in 2010, grabbed a 1.7 percent share of the global market, up 0.4 percent from last year.
China's mobile subscriber base will reach 840 million units by 2010 and more than 1 billion in 2012, according to Informa, a Switzerland-based research firm.
The new 3G applications and network upgrade will encourage users to replace phones in China, which will boost revenue of domestic handset firms, said Charles Moon, an analyst at Informa.
Globally speaking, mobile phone sales totaled 314.7 million units in the first quarter of 2010, a 17 percent increase from the same period in 2009, according to Gartner.
"Smartphone sales to end users saw their strongest year-on-year increase since 2006," said Carolina Milanesi, research vice president at Gartner.
By the end of the first quarter, Shenzhen-based ZTE Corp ranked No. 8, followed by Hong Kong-based G-Five with the No. 9 position, which ranked in the top 10 for the first time. Shenzhen-based firm Huawei Technologies ranked No. 10, according to Gartner Inc, a US-based IT research firm.
The combined market shares of the top five mobile handset manufacturers, including Nokia, Samsung, LG, RIM (Research in Motion) and Sony Ericsson, dropped from 73.3 percent in the first quarter of 2009 to 70.7 percent in the same period this year, according to Gartner.
ZTE, which expects mobile phone revenue to grow 35 percent annually in 2010, grabbed a 1.7 percent share of the global market, up 0.4 percent from last year.
China's mobile subscriber base will reach 840 million units by 2010 and more than 1 billion in 2012, according to Informa, a Switzerland-based research firm.
The new 3G applications and network upgrade will encourage users to replace phones in China, which will boost revenue of domestic handset firms, said Charles Moon, an analyst at Informa.
Globally speaking, mobile phone sales totaled 314.7 million units in the first quarter of 2010, a 17 percent increase from the same period in 2009, according to Gartner.
"Smartphone sales to end users saw their strongest year-on-year increase since 2006," said Carolina Milanesi, research vice president at Gartner.
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