China Unicom Lags Demand for RMB 1,000 3G Smartphones

China Unicom Lags Demand for RMB 1,000 3G Smartphones

Sina Tech, 9/23/11

Yu Yingtao, general manager of China Unicom's (NYSE: CHU; 0762.HK; 600050.SH) marketing division, recently remarked on his personal microblog that the market for RMB 1,000 3G smartphones was "unusually hot," and expects demand to outstrip supply. From October to December, Unicom will supply its sales channels with 2 mln ZTE (0763.HK; 000063.SZ) Blade handsets, 2 mln Lenovo (0992.HK) A60 handsets, 2 mln Huawei Sonic handsets, and 2 mln Coolpad 706 handsets from Yulong Computer Telecommunication, a subsidiary of China Wireless Technologies (2369.HK).


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