Foreign media: Chinese operators to reduce subsidies millet complacent overseas manufacturers frustrated
Source: Internet
Author: User
Keywordsoperator China China
"Techwe Report" August 20 news, according to foreign media reports, Millet and Huawei and other Chinese companies in the Chinese smartphone market dominance, in the next few years overseas competitors will face greater challenges in this market. China's three operators have announced that they will cut phone subsidies of up to 40 billion yuan over the next three years, possibly because they are spending too much on subsidies and marketing. The most powerful, China Mobile, has told investors that it is spending 60% less on subsidies in the second quarter of this year. Changes in these preferential policies will affect all smartphone makers, including those operating through operators, such as Lenovo, Huawei and ZTE. But overseas manufacturers such as Samsung and HTC will face more trouble. We have seen some small manufacturers with their super cost-effective to rob the industry giants a lot of scenery, operators to reduce their subsidies is even worse. The market share of Apple and Samsung has shrunk this year. Millet recently replaced Samsung on the top of China's smartphone market, and it may also be the only vendor that can profit from a new subsidy policy. The company sells products mainly through networks rather than carriers, so the price of the Millet series will not fluctuate. In addition, Millet also from software services to obtain a lot of profits, which makes it not rely solely on hardware to make money. Once the new subsidy policy is fully implemented, Millet's dominance in the Chinese market will be more stable. The Chinese market is undergoing drastic changes, with new subsidy policies for both local and overseas manufacturers facing a new round of shuffling.
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