China cell phone brands dominate home market
Chinese smartphone brands dominate the Chinese cell phone market, accounting for nearly 80 percent, according to the “Top Smart Phone Brands of 2014 Report" published by the China Center for Information Industry Development (CCID) on Wednesday.
However, a large gap still exists in terms of profitability compared to the two leading brands -- iPhone and Samsung, the report said.
The Chinese smartphone market underwent huge changes in 2014; international brands have lost their competitiveness except for the two leading brands -- Apple and Samsung.
Meanwhile Chinese smart phone companies have succeeded in transforming from volume operation to profit-oriented operation. Many have launched high-end products that have been generally popular with the public.
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