Dial C-H-I-N-A for smartphone growth
By Gao Yuan | China Daily | Updated: 2013-02-25 05:55
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A model showing a Lenovo smartphone. Chinese cellphone producers, such as Lenovo, ZTE and Huawei, are becoming strong business competitors of Apple Inc and Samsung Electronics Co in the Chinese market. The market share of Chinese smartphone makers is growing fast but their profits still lag far behind the two big foreign rivals. Bao Fan / For China Daily |
Three Chinese companies were ranked among the world's top five smartphone vendors in the fourth quarter of last year, making China a strong competitor to traditional manufacturing countries such as the United States and South Korea.
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