SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 173.14-1.7%2:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: foundation who wrote (32715)2/21/2003 7:33:44 AM
From: foundation  Read Replies (1) of 196977
 
The Year of Falling (Chinese handset) Prices

(21/02/2003, BWCS Staff) The prices of mobile handsets in China are set to fall by around one third this year, according to a report from UBS Warburg. The reason for the predicted dramatic fall is that suppliers are fighting tooth and nail to increase their share in the world’s biggest market.

The average price of handsets in China has already dropped by 22% this year alone, the report from Warburg points out. This compares to a 16% decrease for the whole of 2002. The reasons for the price drop are said to be over-supply, high inventory levels and a vicious turf war among suppliers. Local companies, such as Ningbo Bird and TCL are ruthlessly cutting prices to beat off competition from Motorola and Nokia, which both have a strong Chinese presence.

According to the latest figures from the Chinese government there are around 212 million mobile subscribers in China with five million handsets being sold every month. The vast majority of new customers are taking cheaper pre-paid services and opting for lower-priced handsets. Sony Ericsson and Motorola both recently released projections which show that the price of mobile phones will drop this year, due to greater competition. Motorola's average selling prices, which are estimated to have declined by US$4 last year to US$155, are being put under pressure by manufacturers in emerging markets producing more low-end handsets.

bwcs.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News