So far, we've looked at the economic benefits of 3G, marketing strategies, and China's homegrown 3G standard, TD-SCDMA. Today, we take a look at the telecom manufacturers scrambling for a piece of the 3G action. In addition, Guan Xin tells us that 3G is providing an opportunity for Chinese enterprises to become more important in the telecom industry's manufacturing chain.
In the next installment, we will take a look at how 3G in China is expected to open a floodgate of opportunities for mobile service providers. And unsurprisingly, a lot of companies have already started to explore this huge potential market.
The world is reeling from the global financial crisis. Economies and market valuations have shrunk. And mobile and telecom industries across the globe have taken a beating.
And amid all this doom and gloom, China's mobile market is providing one of the few bright spots. It is the dawn of the 3G era. This no doubt represents a huge opportunity for both overseas and local telecom equipment manufacturers, which have seen their businesses in mature markets such as the United States and Europe plunge due to the financial crisis.