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ECONOMY
THIS WEEK> THIS WEEK NO. 7, 2012> ECONOMY
UPDATED: February 10, 2012 NO. 7 FEBRUARY 16, 2012
Playing Catch-up
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With six of them entering the list of top 10 handset brands in China, domestic cellphone makers had taken a combined market share of 37.5 percent by the end of last year, close to the four big overseas brands' share of 41.5 percent, according to a recent report by Analysys International, a Beijing-based research firm.

The combined market share of the domestic brands—Lenovo, Huawei and ZTE—was only 20 percent at the end of 2010, compared with over 55 percent of the big four overseas brands—Nokia, Samsung, Motorola and LG.

"The change is in part due to weakening dominance of Nokia, and the rapidly growing Android also gave companies a new equal and open platform to develop their products," said the report.

"In addition, Chinese firms have closely tied up with telecom operators to lure buyers with favorable user packages," said Wang Yin, a senior analyst with the Analysys International.



 
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