RELATION
BETWEEN GLOBAL BUSINESS AND CHINA PHONE
From the above graph, we can conclude that the global
business and China phone business are interrelated. The graph is rapidly
increasing as there is no downfall. In the years 2012 and 2013, the increase in
the commerce in 2013 is approx. 3 times as the commerce in 2012. The profit is
calculated in US Dollars in billions. In 2014 and 2015 i.e. in future, the
commerce is seen to be increasing with no downfall. So, within three years we
can see how this is expanding with a huge profit.
From the source BAML, China manufactures 10 times as
many cell phones per person as compared to the rest of the world. The global
production of cell phone is 70.6 percent i.e. 83.6 units per 1,000 people in
rest of the world.
If we talk about the smartphones which are well-known
these days are also manufactured in China. The new Chinese data suggests that China
overtake the United States as the world’s largest smartphone market, at least
in the number of active smartphones. China has produced more than a billion mobile
phones for the first11 months of 2012 with a 1.1 % fall from the last year. In
Conclusion, the impact of Chinese phone over other phones are global and
expanding day by day with the increase in production.
REFERENCE:
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