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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (25685)3/15/2005 4:45:51 PM
From: RealMuLan  Respond to of 116555
 
Chinese communications market to generate $68 bln in 2005

China's communications market (including mobile phone, cellular base station and wireless local area network/wide area network (WLAN/WAN) equipment) is set to be worth more than $68 bln in 2005, up 27% from 2004, according to Global Sources. China will need $59 bln worth of integrated circuits (ICs) in 2005 to meet strong demand from communications equipment makers. China's mobile phone production is set to grow annually, on average, by 14% until 2007. In 2005, output will reach 223 mln units, according to the report Chinese cellular base station should reach $5.4 bln in 2005, up 12% from 2004, due to China's rapid growth of mobile phone subscribers. China's WLAN market will generate sales of $23.45 mln in 2005, up 20% from 2004, due to the spread of broadband access, falling equipment prices and the continued popularity of notebook PCs.
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