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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (2702)	2/18/2004 12:00:31 PM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

China's cellphone exports hit record high -------------------------------------------------------------------------------- Exports of mobile phones from China were worth US$7.37 billion in 2003, surging 39.5 percent over the previous year, according to the Ministry of Commerce. A record 95.23 million cellphones were exported last year, up 50.8 percent over 2002 in a sign that China had become world's largest mobile phone exporter. The phones were exported mainly to the United States, Hong Kong and Germany, which respectively covered 33.3 percent, 18.4 percent and 13.8 percent of the exports. Exports of mobile phone parts and components in 2003 were worth US$4.15 billion, up 127.6 percent over 2002, customs statistics showed. Phones exported by foreign-invested firms were worth US$7.27 billion and accounted for 98.7 percent of all phones exported, while exports by state-owned enterprises were worth 70. US$91 million, up 101.7 percent from 2002. english.eastday.com