Industry Analysis & Industry Trends
Revenue for the Smart Phone Manufacturing industry in China has been increasing at an average annual rate of 53.9% in the past five years. In 2014, revenue is expected to grow 21.2% to $68.9 billion, mainly driven by increased exports and growing demand for third and fourth-generation (4G) smart phones. Exports are estimated to account for 86.3% of industry revenue in 2014.
With the rapid development of 3G technology, the abundant smart phone product portfolio, and competitive product pricing, demand for smart phones has been growing strongly. In late 2013, the Ministry of Industry and Information issued 4G licenses to China Mobile, China Unicom and China Telecom, further spurring demand for smartphones and the development of the industry.... purchase to read more
Industry Report - Industry Locations Chapter
In 2014, activity in the Smart Phone Manufacturing industry in China is expected to be concentrated in Guangdong province, Beijing, Tianjin and Shanghai, which account for 32.3%, 18.6%, 14.5% and 6.5% of total industry revenue, respectively. Guangdong province has 26.8% of total employment while Beijing has only 4.6% of total industry employment. Beijing contains many of major players in this industry that benefit from large production facilities and economies of scale.
Guangdong province has the most enterprises in this industry. Business and technology development and strong international trade in Guangdong province has contributed to a shift in the geographic distribution of the industry's establishments... purchase to read more