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Chinese smartphones forecast to dominate China's market
Central News Agency
2014-08-15 10:28 PM
Taipei, Aug. 15 (CNA) Shipments of Chinese smartphone brands will likely replace South Korea's Samsung Electronics Co. to dominate the Chinese market in the latter half of 2014, a research report said Friday. DisplaySearch said local brands' better integration of the supply chain and more economic low-profit business models have made them more competitive than the Korean brand in the low to medium-priced market. With smartphones' greater popularity in emerging markets, high-end but low-budget brands have become the mainstream there, a trend that leading phone makers such as Samsung and Apple Inc. should be on the alert for, the report said. It pointed out that besides in China, Samsung faces similar challenges in India. (By Pan Chi-yi and Lee Hsin-Yin)
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