China's mobile phone sales surge in Q3

Some 102.66 million mobile phones were sold in China in the third quarter of 2013, according to a report released by a major tech industry researcher on Thursday. The figure indicated a 13.6-percent quarter-on-quarter increase, and a 54.5-percent year-on-year increase, showed Analysys International's report. Among the total sales volume, 93.08 million of the phones were smartphones, up 20.7 percent quarter on quarter and 89.3 percent year on year. The share of smartphones on China's mobile phone market grew to 90.7 percent, said the report. The top three mobile phone brands remained Samsung, Lenovo and Coolpad, with market shares of 18.4 percent, 12.5 percent and 10 percent respectively. Apple's share fell 1.1 percent from that of the second quarter of 2013, but it is predicted to rebound in the fourth quarter as a result of the release of new iPhone products in September, said Wang Jun, an analyst with Analysys International.