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China loaded with inventory of 23.5 million handsets, says MIC

Chinmei Sung, DigiTimes.com, Taipei Friday 30 May 2003 0

Hurt by oversupply and the SARS outbreak, China currently has over 20 million GSM and 3.5 million CDMA handsets in stock, the Taiwan-based Market Intelligence Center (MIC) estimated.

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