Gray-Market Handsets Continue to Plague AME Mobile Markets, Pyramid Finds
• Gray-market handsets are cell phones manufactured in China that are not recognized or licensed by government regulators. Makers of these products generally do not pay China’s value-added taxes and, therefore, profit illegally from their participation in the market. • China’s gray-market cell phone shipments will amount to 255 million units in 2011, up 11.8 percent from 228 million in 2010. This compares to a rise of 43.6 percent in 2009. 13 Apr 2011 18:00 Africa/Lagos Gray-Market Handsets Continue to Plague AME Mobile Markets, Pyramid Finds PR Newswire CAMBRIDGE, Mass., April 13, 2011 CAMBRIDGE, Mass., April 13, 2011 /PRNewswire/ -- The number of gray market handsets sold across AME will remain steady through 2015, however the sharp increase in legitimate handset sales during that period will reduce the percentage of gray market handset units sold in AME to 13 percent, according to a new report from Pyramid Research (www.pyr.com). Squashing Gray Markets for Mobile Handsets describe...