Panasonic Mobile Bullish on China
Japan’s Panasonic Mobile Communications aims to have a two-digit share of China’s mobile phone market by the end of the year. The firm is betting on better tie-ups with Chinese mobile operators and a focus on the country’s high-end handsets to achieve its goal. “We expect to grab a 10 per cent share of China’s handset market in 2005,” said Taro Itakura, managing director of Panasonic Mobile Communications’ China operations.