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Chinese Electronic Information Products Exports to Jump 14% to $390B in 2007

China's export of electronic information products, including computers and communications products, is expected to grow 14% to $390 billion in 2007, according to China's Ministry of Information Industry, reports Xinhua. 

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Dow Jones Launches BRIC-50 index

$446 billion

The market cap of the BRIC-50 index stocks on the launch day of Jun 8, 2006. 


Dow Jones Indexes is launching Dow Jones BRIC 50 Index, a blue-chip index measuring the performance of the 50 largest and most liquid companies in Brazil, Russia, India and China (aka BRIC countries).

The number of components in the Dow Jones BRIC 50 Index is fixed at 15 each for Brazil, India and China and five components for Russia to reflect the size of each market in the index. Additionally, each component's weight is capped at 10% of the index's total free-float market capitalization to prevent overweighting of any one component stock. The Dow Jones BRIC 50 Index is weighted by free-float market capitalization and will be reviewed annually in September. Historical index values are available back to December 31, 2002. It is calculated in USD and Euro.


Nokia's Top 5 Markets - Mobile Power Shift

Nokia reported 40% year on year device volume growth and net sales growth of 29% in the first quarter. Net sales topped EUR 9.5 billion in 1Q 2006, increasing from EUR 7.4 billion in 1Q 2005.

  • Nokia expects the world wide mobile device market volume to grow 15% or more in 2006, from the estimated 795 million units in 2005.
  • China and increasingly India are leading the growth in global mobile phone market and so for Nokia.
  • China is adding about 5.4 million subscriber a month while India closely following with 5 million subscribers a month. US new additions run arte is about 2 million a month.
  • China has added  67 million new subscribers in 2005 and is currently over the 400 million mark.
  • India has added 37 million new mobile subscribers in the last 12 months, nearing a total mobile subscriber base of 100 millions.
  • US has added 25.7 million subscribers in 2005 to reach a total subscriber base of 208 million.

China to consume one-third of word's semiconductors by 2010

China consumed about 20% of total global semiconductor products in 2004; by 2010, it will consume one-third, making it the world’s largest semiconductor consumer, reports In-Stat (

“China’s domestic semiconductor demand will increase at a Compound Annual Growth Rate (CAGR) of 21% from 2005–2009”, says Anty Zheng, In-Stat analyst.

Recent research by In-Stat found the following:
  • Computers are still the largest semiconductor application area, with a share of 39.5% of China’s IC market.
  • The supporting industry, especially for equipment, is a weak link in China’s semiconductor industry—almost all manufacturing equipment is imported.

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