HONG KONG, May 14 /Xinhua-PRNewswire-FirstCall/ -- Mainland China is expected to increase output of Voice over Internet Protocol (VoIP) phones by 34 percent in 2007 to more than 29 million units, spurred by growing domestic and global demand, according to Global Sources' (Nasdaq: GSOL) China Sourcing Report: VoIP Phones ( http://www.chinasourcingreports.com ).
(Logo: http://www.prnasia.com/sa/200701111135-min.jpg )
"China's VoIP phone industry is poised for continuous growth, with both production and exports forecast to grow," said publisher of the report, Mark A. Saunderson. "Manufacturers are developing product lines and raising output capacity."
The report indicates mainland China's exports of VoIP phones are expected to reach 21 million units in 2007 -- up 26 percent from 2006.
Saunderson said: "The strong growth of the VoIP market is expected to continue, as VoIP software like Skype and broadband Internet gain greater market penetration."
Mainland China Suppliers Poised to Take Advantage of Increased Demand
The report shows VoIP suppliers in mainland China have excess production capacity to respond to increased demand, which is growing at a brisk pace.
Of the mainland China suppliers surveyed regarding their production capacity for VoIP Phones:
-- 28 percent reported spare capacity of 60 -- 90 percent
-- 22 percent reported spare capacity between 30 -- 59 percent
-- 34 percent reported spare capacity of up to 30 percent
The report also shows key pricing and market trends:
-- The supply of USB phones is expected to remain strong in the short-
term
-- The demand for standalone phones is projected to grow in the next few
years
-- Prices are expected to drop as supply grows and chipset costs drop
In-Factory Interviews, Detailed Supplier Profiles and New Export VoIP Phones
The 108-page China Sourcing Report: VoIP Phones provides proprietary market information from in-person factory visits to 22 makers and interviews with 29 more suppliers. The surveys, price trends and supply forecasts aim to help buyers make better-informed purchasing decisions.
China Sourcing Reports ( http://www.chinasourcingreports.com ) are part of Global Sources' sourcing and product information services. These include Global Sources trade magazines, Global Sources Online
( http://www.globalsources.com ), Global Sources Direct
( http://www.globalsourcesdirect.com ) and the China Sourcing Fairs
( http://www.chinasourcingfair.com ). For more information, visit http://www.corporate.globalsources.com .
China Sourcing Report: VoIP Phones is available at http://www.chinasourcingreports.com/voipphones .
Information about Greater China VoIP Phone suppliers and products can be found at http://www.globalsources.com/manufacturers/VoIP-Phone.html .
About Global Sources
Global Sources is a leading business-to-business (B2B) media company and a primary facilitator of two-way trade with Greater China. The core business is facilitating trade from Greater China to the world, using a wide range of English-language media. The other key business segment facilitates trade from the world to Greater China using Chinese-language media.
The company provides sourcing information to volume buyers and integrated marketing services to suppliers. It helps a community of over 600,000 active buyers source more profitably from complex overseas supply markets. With the goal of providing the most effective ways possible to advertise, market and sell, Global Sources enables suppliers to sell to hard-to-reach buyers in over 230 countries.
The company offers the most extensive range of media and export marketing services in the industries it serves. It delivers information on 1.8 million products and more than 150,000 suppliers annually through 13 online marketplaces, 12 monthly magazines, over 100 sourcing research reports and nine specialized trade shows which run 22 times a year across seven cities.
Suppliers receive more than 13 million sales leads annually from buyers through Global Sources Online ( http://www.globalsources.com ) alone.
Global Sources has been facilitating global trade for 36 years. In mainland China it has over 1,700 team members in 44 locations, and a community of over 1 million registered online users and magazine readers for
Chinese-language media.
Global Sources Press Contact in Asia:
Camellia So
Tel: +852-2555-5021
Email: cso@globalsources.com
Global Sources Investor Contact in Asia:
Eddie Heng
Tel: +65-6547-2850
Email: eheng@globalsources.com
Global Sources Press Contact in U.S.:
James W.W. Strachan
Tel: +1-602-978-7504
Email: strachan@globalsources.com
Global Sources Investor Contact in U.S.:
Moriah Shilton & Cathy Mattison
Lippert/Heilshorn & Associates, Inc.
Tel: +1-415-433-3777
Email: cmattison@lhai.com
