China 4G smartphone vendors to miss 2014 shipment targets

Monday 27 October 2014 | 20:59 CET | News
Major Chinese handset vendors Coolpad, Lenovo and Xiaomi Technology are unlikely to reach their shipment goals set for 2014, due to slow sales of 4G models in this year's third quarter and gloomy prospects for the fourth quarter, according to Digitimes Research. Chinese handset vendors expected 4G smartphones sales to improve significantly starting with the third quarter, after experiencing a period of sluggish sales in the first half of 2014. However, most vendors experienced slow 4G phone sales in the third quarter.

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Categories: Mobile & Wireless
Companies: Coolpad / Lenovo / Xiaomi
Countries: China
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