IT: Makers face eroding market share
(Xinhua)
Updated: 2006-07-28 15:08
Chinese-brand mobile phone manufacturers have lost almost half their local
market share in three years to more sophisticated selling by foreign rivals and
the black market.
Domestic makers now hold just 29.4 percent of the market, down from more than
half three years ago.
Chinese brands have lost their two "magic weapons", low prices and
diversified sales channels, to overseas rivals, and been defeated to a large
degree by black-market dealers, according to insiders.
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