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Chinese mobile phone makers how to deal with economic winter?
Wall Street’s financial tsunami affected China’s economy
Wall Street financial storm in the global economic integration under the magnifying glass has evolved into a worldwide economic recession in the United States October 14 announced the 700 billion U.S. dollars rescue package, the EU, Japan, Russia and many other countries are also vying to take a series of rescue measures and curb the economic recession, worked together to resist it was Alan Greenspan called a ‘hundred years’ of the global financial crisis, but the downturn trend in many countries has become an irreversible fact. Chinese enterprises and families, though they have a relatively healthy balance sheet, but also failed to immune from the U.S. economy is suffering from ‘heart’, the Chinese economy will inevitably ‘bad cold’.
Morgan Stanley (Morgan Stanley) in the latest report, China’s economic pulse, the main argument is the ‘any way to avoid financial crises squarely in the sights the economic downturn,’ China in 2009 will be accompanied by gross domestic product (GDP) expected reduced to 8.2%, consumer price index (CPI) is reduced to 2.5%. Face difficulties in export business of Morgan Stanley forecast on China’s economy has made an important reason as above.
Handset makers face slow growth in market size and consumption of the dual pressure of rational
The global economic recession inhibition capacity of the mobile phone market growth, China’s mobile phone industry, are faced with shrinking domestic and foreign. Borth consultation in mid-November in Shenzhen mobile phone industry, also confirmed that the periodic follow-up investigations, and many mobile phone vendors have clearly felt the enormous pressure of export business, this pressure on the one hand to lower demand from overseas markets, which led to decrease in the number of orders, and the other On the one hand, foreign currency devaluation to
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