Mobile phone production to hit 605 million in China in 2008
China’s CCID Consulting has released data on the production volumes of mobile phones in China and that it is expected to hit 605 million mobile units in 2008 going way above the 550 million that was produced in 2007.
Of these 605 million mobile phones roughly 66 percent or 400 million handsets will be exported to overseas markets leaving the remaining 205 million mobile phones for domestic use.
During the first half of 2008 manufacturers in China produced 279 million mobile phones while the world’s top five manufacturers, Nokia, Samsung, Motorola, Sony Ericsson and LG accounted for 65 percent of the total production, which is a drop from the 70 to 80 percent that was recorded over the previous two years.
Related news is that sales of mobile handsets in China hit 96.4 million during the period of January to June of this year which is a 17.5 percent rise on the same period of last year.