Chinese smartphone companies have been growing rapidly in recent years, becoming a threat to Korean handset makers such as Samsung Electronics and LG Electronics.
Chinese companies accounted for more than 20 percent of the global smartphone market last year, a sharp jump from 8 percent in 2010, according to global research firm Strategy Analytics.
“Chinese companies’ patterns of growth have been quite similar (to each other). They have made handsome profits in their domestic market, invested in gaining a technological edge, and are currently making forays into advanced markets,” said Kim Sung-ok, a senior researcher at the Korea Information Society Development Institute.
“As some Chinese smartphone companies begin to expand in the premium markets, competition with Korean companies will be inevitable down the road,” Kim added.
"... It is only in this way that we can hope to arrive at truth, and fulfill the great responsibility which we hold to God and our country. Should I keep back my opinions at such a time, through fear of giving offense, I should consider myself as guilty of treason towards my country, and of an act of disloyalty toward the Majesty of Heaven, which I revere above all earthly kings."....I know not what course others may take; but as for me, give me liberty or give me death!"
Thursday, May 8, 2014
THE RISE OF CHINESE SMARTPHONES COMING–AS SAMSUNG, LG, APPLE LOSES MORE OF ITS MARKET SHARES
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