Jul 16, 2012
Chinese handset manufacturers plan to release smartphones priced at RMB 300 (USD 50) in H2 2012, according to an industry source. Vendors already launched RMB 600 smartphones in H1 2012. According to market research firm IDC, smartphones priced at RMB 1,000 or lower accounted for 21% of total smartphone sales in Q1 2012, up from 12% for fiscal 2011.
Keywords: handset smartphone wireless H1 2012 low-cost phone pricing
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