Showing posts with label China. Show all posts
Showing posts with label China. Show all posts

Friday, August 6, 2010

Mobile Internet Very Popular in China

For many people in China, the mobile Web is the Web. Not only do many homes in China not have (or need) landlines for voice communications, but also they don’t require hardwired Internet access for their fix of the Web.

With mobile phones, everything they need is in the palm of their hand.

The majority of consumers (54 percent) use their devices for applications including email, gaming and music, while 36 percent used their phones for text, SMS and voice only. Another 10 percent said they used their phones for calls only.

Mobile consumers in China also have surpassed their American counterparts when it comes to using the devices to access the Internet.

About 38 percent of Chinese mobile subscribers access the Internet from their mobiles, compared to 27 percent of American mobile subscribers. That is not so surprising since many Chinese consumers only access the Internet from their mobiles.

Monday, June 7, 2010

China a High Cost Producer?

China has a "problem," caused by its success. Before the recession it was clearly the low cost provider of goods among the largest nations of the world.

It has only been in the last year or so that China’s cost of labor has spiked up, notes 247wallstreet analyst Doug McIntyre. As did the Asian Tigers and Japan before it, China is on the way to becoming a country that will progressively move up the value chain in its hardware businesses, for example.

The country is the victim of its own success as Japan was, in a sense. It has a large middle class, rising wage rates and will have to create an internal market for its goods, rather than focusing on exporting.

Directv-Dish Merger Fails

Directv’’s termination of its deal to merge with EchoStar, apparently because EchoStar bondholders did not approve, means EchoStar continue...