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China's booming LTE market offers chance for S. Korean firms

2014/02/17 10:03

SEOUL, Feb. 17 (Yonhap) -- China's market size for the long term evolution (LTE) mobile network is poised to jump over five-fold in 2014 on-year, data showed Monday, giving South Korean tech players a rare opportunity in the increasingly saturated global market.

The number of LTE smartphones in China is estimated to reach 135 million units this year, up 547 percent from 2013, according to the data compiled by market researcher Strategy Analytics.