According to the latest report of CCID Consulting, in the first half of 2008, China’s MP3 player market realized sales of about 2.5 million MP3 players and revenue of CNY1.223 billion (nearly 180 million US dollars), year-on-year decreases of 43.76% and 43.56%, respectively. Li Ying, a consultant from the consumer electronics industry research center of CCID Consulting, says that as the MP3 player markets in big Chinese cities are close to saturation, a negative growth began to appear in its sales in the first six months of 2008…
Tag: CCID Consulting
China, the world’s largest cell phone exporter, is expected to maintain momentum in both production and marketing of mobile phones in the remaining of this year, CCID Consulting said recently. The company predicted that China would produce 605 million cell phones for the whole of 2008, a growth of 16.9 percent over last year, and sell 205 million at home, up 17.55 percent. The foreign sales would amount to 400 million units, up 16.79 percent…
China’s mobile phone sales will be lower than expected after the May earthquake and a lack of state of the art applications depressed sales in the second quarter, a Beijing-based research firm said recently. CCID Consulting, a research group with the Chinese Ministry of Information Industry, cut its 2008 domestic handset sales forecast to 165 million units from 185 million units. ‘The handset market lacks innovations and the 3G market has only just started so many consumers have adopted a wait-and-see attitude,’ said Li Xuefang, a CCID analyst…
Simple SMS-based services might lose their appeal in China soon, since cell phones equipped with applications such as web browser, global positioning system and multimedia function are getting popular among Chinese consumers: a survey released recently by the CCID Consulting showed that 31,668 people had been interviewed and 37 percent of them would like to choose cell phones with which they can surf online when they intended to buy a new one, while 33 percent hoped they could get one with the GPS function, a helpful tool to China’s increasing car owners […]
China could become the world’s biggest online market within two years: the number of Chinese netizens has surpassed 123 million and number of people with access to broadband connection rose by 45.3 percent during the first half of the year to 77 million. Studies show that a typical Chinese consumer spends an average of 17.9 hours per month (36 min./day) engaged in popular online activities such as chatting, blogging, gaming, and shopping […]