Chinese Mobile Phones Demand will increase 15% in 2008

Chinese Mobile Phones Demand will increase 15% in 2008. Due to MediaTek recorded falling handset chip shipments in Q4 2007, chip makers have been conservative about demand for handsets in the China market.

However, Nokia are expecting demand for handsets in the China to increase about 15% this year! Demand for handsets in China totaled 250 million units in 2007, the sources indicated, making China’s handset market the second largest in size after the US market.

IC design houses such as MediaTek, Elan Microelectronics, Richtek Technology, Global Media Technology, and Pixart Imaging would benefit from growing demand for handsets in the China market. Meanwhile China’s white-box handset makers are also determined to increase exports, and an increasing number of makers are already enjoying strong sales performance in Southeast Asia.

(via digitimes)