- May 24th, 2012
- Robert Zak
Any statistic that reaches the landmark of 1 billion is going to be headline worthy, though when this involves China – the most populous country and one of the fastest-growing economies in the world – it’s not quite as surprising.
Not many people will be surprised to hear then, that China has now officially clocked up over 1 billion mobile phone users – 1,030,052,000 to be more precise. Mobile phone growth has accelerating rapidly in China, with 43m new users getting subscriptions in the first Quarter of this year alone.
Inevitably, this means that landlines have taken a hit, and over a million people have given up on them in the first part of 2012, leaving the number of wired phones at just under 300 million.
The vast majority of China’s mobile users are on feature phones, but China is also renowned for the manufacture and sale of cheap smartphones. This, combined with the already rapidly-rising sales figures, has led analysts to predict that smartphones will experience a similar popularity spike in the coming years.
The mobile industry in China has seen total revenues of 246bn (£24bn) in the last quarter, marking an increase of 12.9% over the same period last year. As with seemingly everything economy-related, China is on a rapid rise.
[Source: Tech in Asia]