Sony Ericsson to release new entry-level phones in China

Posted on Sunday, March 06 2005 @ 22:51 CET by Thomas De Maesschalck

Sony Ericsson plans to increase its market share in China by launching a few new entry-level cell phones.

John Peter Leesi, Sony Ericsson's chief finance officer and vice president, said that the company will develop more simple low-priced phones in addition to the more advanced higher-priced phones in order to gain more market share in the Chinese market.

China's mobile phone subscribers reached 334 million at the end of last year, the largest in the world, and the number is expected to reach 700 million within five years, accounting for a quarter of the world's handsets.

More info at Xinhua

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

Loading Comments

Share this story!