Chinese Mobile Music To Hit US$1.7B By 2008

Forbes: Analysys International has predicted that revenue from China’s wireless music market will hit 13.5 billion Yuan (almost US$1.7 billion) by 2008…from 7.1 billion Yuan in 2005. This represents a compound annual growth rate of 27%. “The group added that wireless music subscribers will reach 114 mln by then, accounting for 20 pct of Chinese mobile phone subscribers.”

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