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Revenue in the Chinese communication equipment retailers industry grew 29.6% between 2008-13

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PR-Inside.com: 2014-04-17 10:39:04
Over the past decade, communication equipment manufacturing and retailing in China have developed strongly, largely due to rapidly accelerating technology, new product innovation, increased consumer purchasing power.

In the past five years to 2013, revenue for the Communication Equipment Retail industry in China has been growing at an annualized rate of 29.6% to $40.1 billion in 2013.

Wired communication retailing has entered the mature stage of its life cycle, whereas mobile communication equipment retailing continues to develop rapidly. Most recently, the mobile communication equipment product segment – which includes smart phones – has stolen market share from the wired communication equipment segment. Mobile phones are seen as more convenient and functional and there are any more mobile phone manufacturers.

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