Ningbo mobile phone export soars
- Details
- Category: Ningbo Business
- Published: Monday, 13 May 2013 10:03
With the popularization of the 3G network and various application software, the mobile phone industry in Ningbo grows dramatically in 2013. Statistics from Ningbo Customs show that in the first quarter, Ningbo exported 688,000 mobile phones, up by 350% over the same period last year. With the total value of US$9.941 million, an increase of 93.4%, the average price of the mobile phones stood at US$14.4, down by 57.3%.
Reportedly, the major target markets for mobile phone export include India and Hong Kong, with the volume of 324,000 and 267,000 respectively, up by 1510% and 210% respectively over the same period last year. In addition, the number of exported mobile phones to the EU reached 96,000, up by 473.4 times. According to the statistics, the increasing competition in the market forced the mobile phone enterprises to adopt the low-price strategy to gain more international market shares, resulting in the significant drop of average prices of exported mobile phones.
