August 15, 2005
Cell Phone Numbers from China
Some figures on China in a Business Week article on the new world economy.
- China has the world's biggest base of cell-phone subscribers -- 350 million -- and that is expected to near 600 million by 2009.
-- Since 2000, the number of cellular subscribers has rocketed from 5.6 million to 55 million.
-- In China, it's fashionable for the upwardly mobile to switch high-end cell phones every three months, says Josh Li, managing director of Grey's Beijing office, because an old model suggests "you are not getting ahead and updated."
...In consumer electronics, "we will see China in a few years going from being a follower to a leader in defining consumer-electronics trends," predicts Philips Semiconductors (PHG ) Executive Vice-President Leon Husson.
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