China market: Handset makers upgrading hardware specifications of sub-CNY1,000 smartphone models

Industry News - Feb 17, 2012 by Cellpex admin    

China-based handset makers, including ZTE, Huawei Device, Lenovo and Coolpad, have continued to upgrade the hardware specifications of their sub-CNY1,000 (US$159) smartphone models due to intensifying competition in the segment, according to industry sources.

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