China's mobile phone sales jumped to a record 266.8 million in
the first six months this year 33.4 percent up from the same period
last year, the Ministry of Information Industry (MII) announced on
Tuesday.
Sales revenue hit 161 billion yuan (US$ 21.2 billion), up 29.6
percent.
Meanwhile, the price for handsets fell. From January to May, the
average price was four to seven percent lower than the same period
last year, and for domestic producers, the price was even 15 to 20
percent down.
Nokia saw its market share expand in the first five months from
last year's 10.5 percent to 18.1 percent, and its GSM mobile phone
sales rose from last year's 25.1 percent to 36.6 percent of the
national total, on top of its strategy of penetrating both high-end
and low-end markets.
(Xinhua News Agency July 25 2007)
