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Sanpower’s Subsidiary Funtalk Telecommunications Enters into Strategic Partnership with China Mobile

Time Published:2014-12-25Source:Author:
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On December 19, China Mobile Worldwide Partner Conference 2014 was held in Guangzhou. Chairman of China Mobile Mr. Xi Guohua, CEO of China Mobile Mr. Li Yue, and a number of other industry leaders in domestic communications participated in the conference. CEO of Sanpower’s subsidiary Funtalk Telecommunications Chen Gang and Vice President Liu Xiao were invited to attend the conference, and reached a strategic cooperation agreement with China Mobile on behalf of Funtalk Telecommunications.


In the main forum of the conference, CEO of China Mobile Mr. Li Yu delivered a speech on the size of 4G market. While as the industry’s leading mobile phone retail chain brands, Funtalk Telecommunications, Gome, Suning and other core terminal vendors in communications also signed strategic cooperation letters of intent with China Mobile, thereby heralding a new breakthrough that Funtalk Telecommunications will make in 2015’s mobile market. Recognised as the best retailer in the communications industry, Funtalk is also the largest contract phone sales channel, boasting over 2,000 stores nationwide. Supported by rich mobile terminal products and business applications, and using a wide range of online and offline resources, Funtalk will provide consumers with new business experience and quality products, thus building all-round mobile Internet life.


In 2015, communications terminal market will usher in a greater change, with the overall market size reaching 400 million sets, while the 4G market share will see an upturn by 206%. The terminal market will transit from “model battle” to “slot battle”, with the proportion of full Netcom phones reaching 37%. Finally package and crossover products will become the market norm, and meanwhile the terminal will extend to the wearable products and IOT. The strategic partnership with China Mobile will become a great opportunity for Funtalk to upgrade the mobile terminal size and increase concern over wearable items. Meanwhile, it will become an effective driving force for Funtalk’s virtual operations, and in 2015 Funtalk will also become China’s leader in communications industry with the fastest growth.