China's Market
Seven out of 10 people don't have a cell phone in China, the world's biggest mobile phone market with almost 354 million users. Ninety percent of the more than 1 billion people in India don't own a handset.
China's subscriber growth may continue to outpace other countries and increase 70 percent to 535 million by 2009 from 317 million last year, Massachusetts-based IDC said in a press release last week.
Worldwide mobile phone subscribers may increase 50 percent to 3 billion in five years, Ericsson chief executive Carl-Henric Svanberg said this week in Singapore.
Growing local demand and lower manufacturing costs are also helping Huawei Technologies Co (
Huawei vice president Jeffrey Liu said this week the company plans to add more than 10 customers and more than double combined sales in India and 15 other Asia-Pacific countries by this year.
Cui Yi, president of ZTE's Asia-Pacific business, said the company's Asia-Pacific sales will double this year, driven by demand in Indonesia, Philippines and Malaysia.
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