EU to slap 30% tariffs on Huawei, ZTE

Discussion in 'China' started by Armand2REP, Feb 8, 2013.

  1. Armand2REP

    Armand2REP CHINI EXPERT Veteran Member

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    EU warns Huawei, ZTE to raise prices or face tariffs
    Staff Reporter 2013-02-08

    Chinese telecom equipment makers Huawei and ZTE may face punitive tariffs from the European Union if they do not raise their prices, according to the Guangzhou-based Yangcheng Evening News.

    The EU has said that the two companies have to raise the prices of their products by 29% and China must open 30% of its telecom market to European telecom equipment suppliers in exchange for dropping their anti-subsidy investigation into the two companies.

    Officials from Chinese Ministry of Commerce have flown to Europe to negotiate.

    EU warns Huawei, ZTE to raise prices or face tariffs|Markets|Business|WantChinaTimes.com

    :taunt:
     
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  3. Daredevil

    Daredevil On Vacation! Administrator

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    It wont be long before that bluff of Chinese companies backed by CCP will called. Same happened in the solar energy sector.
     
  4. cir

    cir Senior Member Senior Member

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    These people just can't compete。

    Erricsson、Nokia-Siemens、Alcatel-Lucent and the like will be treated the same in China。Huawei and ZTE can grow without having to sacrifice their profit margins selling cheap in the US and Europe。

    It is a sad fact, and a reflection of how backward India is that it hasn't even got a telcom infrastructure company that can sell a SINLGE product in the EU。
     
  5. Daredevil

    Daredevil On Vacation! Administrator

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    They cannot compete if China heavily subsidises its private companies.
     
  6. ice berg

    ice berg Senior Member Senior Member

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    The EU has not even started their investigations. Hold your horses.
     
  7. cir

    cir Senior Member Senior Member

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    Don't overlook Meizu, Coolpad, Gionee, Xiaomi, even Haier, Hisense, TCL branded smarphones...etc. etc....:)

    China’s Huawei, ZTE, and Lenovo Now Among Global Top 5 Smartphone Makers

    Feb 8, 2013 at 17:54 PM

    By Steven Millward, in Gadgets, Mobile

    The research firm Canalys has unveiled new data for Android shipments in Q4 2012. With Android now powering a third of all mobile phones shipped in that quarter, it’s especially notable that Android has helped China’s Huawei, ZTE (HKG:0763; SHE:000063), and Lenovo (HKG:0992) move into the top five among global smartphone makers.

    Canalys tracked smartphone shipments in over 50 countries to conclude that the smartphone market grew 37 percent compared to the same time in 2011. Android is on 34 percent of all such phones around the world, with iOS on 11 percent of them.

    There are actually four Chinese brands to look out for, as Canalys notes that Huawei, ZTE, Lenovo, and Coolpad (though the researchers used the “Yulong” (HKG:2369) parent company name) “all grew by triple-digit percentages.” As we noted recently, figures from Gartner have already told us that Coolpad (and Lenovo, ZTE, and Huawei) is outselling Apple’s iPhone within China. But that’s just within China. So CoolPad is mostly restricted to domestic sales, and is not in the worldwide top five.

    Samsung still grew 78 percent globally according to today’s stats. Samsung was China’s top smartphone brand in 2012 as its Galaxy phone series, particularly the large-screen ones like the Note II, sold well. But Lenovo has plans to topple Samsung’s statue in China, with CEO Yang Yuanqing having recently declared that intention.

    While Coolpad’s success is almost exclusively within China, its compatriot brands have successful overseas sales as well. Today’s report notes:

    Huawei took third place for the first time in Q4 and ZTE fourth. As well as their home markets, they have been relatively successful in the US, where ZTE was fourth and Huawei fifth, driven by their portfolios of low-cost LTE smart phones. Even so, both vendors took less than 5 percent share each there.

    Lenovo pushed out Sony to get into the top five. Here are the Q4 2012 global stats:

    [​IMG]
     
  8. nimo_cn

    nimo_cn Senior Member Senior Member

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    European telecom vendors are declining, protectionism seems to be their last defence.

    Sent from my HUAWEI T8951 using Tapatalk 2
     

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