January 31, 2008

Snow In China Freezing Cell Phone Sales?

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The president of China's top handset maker, MediaTek, said today that the company's Q1 outlook remained "conservative" because of the US subprime mortgage crisis and "the winter storms in China that were preventing people from traveling home to visit their families, thus depressing sales of mobile phones bought as gifts," according to a story in Taipei Times.

[via The Raw Feed]

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