The output of computers, mobile telecom equipment and cellular phones increased largely from the previous year.
However, stocks of European telecom industries fell dramatically due to poor earnings, with stocks of the debt-ridden telecom equipment operator Ericsson seeing the biggest slump of 13.5%.
Our major customer is local telecom equipment manufacture, smart phone, consumer customer R&D and big EMS customers.
In the light of market demand, the MII introduced and improved the license management system with regard to the operation of telecom services, network access of telecom equipment and the philatelic market.
The retail sales of automobiles stood at 6.35 billion yuan, that of telecom equipment, 1.48 billion yuan, up by 22.7 percent and 80.6 percent year-on-year respectively.
