China's domestically-made smartphones take 60 pct market share
BEIJING, Aug 26, 2013 (Xinhua via COMTEX) --
smartphones have boomed in sales and recorded more than 60 percent
market share at the end of June.
About 130 million domestically-produced smartphones were sold in
the first half of 2013, up 115 percent from the same period in 2012.
The leading brands in sales included Lenovo, Coolpad, Huawei and
China's smallphones will see a peak sales season from 2013 to 2015
with around 2 trillion yuan (324.15 billion U.S. dollars) in sales
volume, said a report from CCID Consulting Co., Ltd., a leading
domestic research and consulting company.
Meanwhile, domestic smartphone producers should improve their
innovation capacity further, and their profit margins still lagged
far behind those of the global brands, the report said.
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