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Siemens Meets Its Waterloo in China's Mobile Phone Market.
(From SinoCast China IT Watch)
SHANGHAI, October 09, SinoCast -- The world famous consulting firm, McKinsey, published a report in August, suggesting Siemens exit China's mobile phone market in view of its poor market share and the excess advertising expenses.
Maybe, the report of McKinsey is supported by the latest statistics of China's Ministry of Information Industry.
According to the statistics, from January to June, the top five mobile phone manufacturers in China are Ningbo Bird (with a market share of 15.01%), Motorola (14.21%), TCL Group (11.64%), Nokia (9.72%) and Konka Group (6.65%). However, the market share of Siemens is only around 4%.
However, …
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- Siemens Not to Exit China's Mobile Phone Market.
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News wire article from: Asia Africa Intelligence Wire
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700+ words
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- Bird May Buy Siemens' Mobile Phone Business.
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News wire article from: Asia Africa Intelligence Wire
December 15, 2004
700+ words
