Latest News:  
Beijing   Cloudy    11 / 2 ℃  City Forecast

English>>Business

LG cuts staff amid market woes (2)

By Zhang Ye (Global Times)

10:07, December 06, 2012

With more support from domestic mobile carriers, Chinese mobile phone brands are expected to seize the medium- and low-end domestic market with their competitive edge in pricing and sales channels over international counterparts like LG and Motorola, whose products are nothing special despite their high prices, Li Yanyan, an industry analyst from Analysys International, told the Global Times Wednesday.

Data from the Beijing-based market research firm indicated that six domestic mobile phone makers with a total market share of 34.9 percent made the list of top 10 mobile phone brands in first-quarter sales volumes, compared to five domestic brands with 22.6 percent over the same period in 2011.

The robust growth of domestic mobile phone brands like Huawei, ZTE and Lenovo Mobile in the current market has given most international mobile phone makers a hard time, said Li.

Both Motorola Mobility and Nokia Corp also suffered layoffs in China this year.

"It is hard for LG or Motorola to fight for a position in the Chinese mobile phone market through price competition. They would do better to focus on the development of high-end products," Li said.

However, Wang Yanhui expressed concern that international mobile brands like LG might not make much profit on their high-end products, as the accessories for high-end mobile phones are controlled by Apple Inc and Samsung Mobile.

Wang also noted that LG and Motorola performed poorly worldwide for similar reasons as in the Chinese market.

【1】 【2】



Recommended Features:
Vibrant Opportunities amid Transition From 'Made in China' to 'Created in China' A Journey to Cultural Renaissance
The Vision of A Pillar Industry [Video]A 'Made in China' Story A Splendorous Landscape of China's Wealth
A Decade of Fastest Development Eastern Boom Lightens Western Gloom Chinese firms 'potential Trojan horses'?

Email|Print|Comments(Editor:李倩、梁军)

Related Reading

Leave your comment0 comments

  1. Name

  

Selections for you


  1. PLA Air Force in air combat training

  2. Destroyer flotilla in confrontation assessment

  3. Selected Reuters pictures of the year 2012 (II)

  4. Beauty of nature in 2012

  5. Luxurious Bentley Mulsanne Mulliner

  6. E-commerce, a bright spot in China

  7. 8 must-eat foods for pregnancy

  8. Tree houses around the world

Most Popular

Opinions

  1. Museums should not end up as 'vanity projects'
  2. Miss World: charity is more of care and love
  3. Economy stabilizing, but facing severe challenges
  4. Aircraft Carrier Style mirrors a great power
  5. Prejudice dents enterprises' overseas expansion
  6. Innovation key to economy growth model in China
  7. China's culture once influenced the world
  8. Say no to ugliness appreciation
  9. Promoting old-time inclusive TCM
  10. Bigger global role for RMB in 2013

What’s happening in China

Solar yacht put into use in SE China

  1. China slips down on corruption perception ranking
  2. China vows PM2.5 cut
  3. 72-hour landing visa
  4. Int'l Volunteer Day marked in China
  5. Cornea donors bring hope to others