Skip to main content

China Smartphone Market is Growing

Business information company Analysys International says that China's smartphone market will continue growing in the coming years and reach 20 million sets in 2008. The firm's data show that the smartphone market had an annual growth rate of 221 percent in 2004 and an annual growth rate of 207 percent in 2005.

Smartphone shipments are expected to reach 7 million sets by the end of 2005. According to Analysys International's further research regarding the growth rate and industry trends, the market will continue growing and the shipment will reach 20 million sets in 2008. Analysys says that this shows China's smart phone is a promising market full of business opportunities.

Analysys International thinks that the features of the major four operating systems and seven platforms are key factors to determine the market growth rate and market share in China's smartphone market. Among which, the convenience and speed of the OS, the high integration, low power and low cost per unit of chip set in smartphone platform will be premier contributors to smart phone performance and market share.

"The relatively short lifecycle of smartphones requires that the designing period of smart phone should also be shortened," said Fu Xinghua, analyst from Analysys International. "Multi-SOC (System on Chip) should be adopted to optimize the design and SIP (Silicon In Package) should be used to improve the efficiency of IC."

He added that "Efficiency on design, manufacturing and packing will determine the chip performance and launching time of product to enter the market and thus has a critical influence on the market share."

Popular posts from this blog

Global Rise of Domestic Payment Ecosystems

Alternative Payment Methods (APMs) – comprising digital wallets, instant payments, and QR payment systems – are experiencing explosive growth that's reshaping the global financial services marketplace. According to the latest worldwide market study by ABI Research , the combined global transaction value for APMs is projected to reach $142 trillion by 2030. What's particularly fascinating is the underlying driver behind this trend: a growing desire for financial sovereignty, with nations developing domestic payment ecosystems rather than remaining dependent on international financial networks. Payment Ecosystem Market Development In 2024, approximately 45 percent of the global population used digital wallets – a remarkable adoption rate for a technology that barely existed a decade ago. China leads this transition, with 95 percent of its population using WeChat's payment functionality. WeChat exemplifies the "super app" phenomenon, where payment capabilities are in...