China Telecommunications Q1 2018
|出版日期||內容資訊||英文 82 Pages
|中國的通訊產業(季度更新報告) China Telecommunications Q1 2018|
|出版日期: 2017年11月28日||內容資訊: 英文 82 Pages||
BMI View: We made modest forecast adjustments in Q1 2018 but retain a generally positive outlook for the Chinese telecommunications market in 2018 and over the course of our forecast period to 2021. Growth will come from increased uptake of mobile data services and 4G LTE adoption will continue on its upwards trajectory. The ICT sector is integral to China's 13th five-year plan (2016-2020) and will stimulate growth in other industries. While the plan lays out ambitious broadband targets, profitability in the telecoms sector will be largely undermined by the state-owned operators' need to compress prices to meet them. On the other hand, local IT and consumer electronics companies will gain from a higher budget for R&D (2.1% of GDP to 2.5%) and reduced reliance on imports for high-tech inputs. Operator strategies will continue to chime with the government's directive to drive uptake of wireline broadband and machine-to-machine (M2M) connections. As the prices of basic services will be compressed, operators will derive profit growth by developing and bundling value-added services with basic connectivity.