The Chinese mobile industry has slowed in recent years as it has been unable to attract the massive growth that its domestic industry has enjoyed.
The industry is now expected to contract by 0.5% in 2018 and by 2.7% in 2019, according to a recent report by the Korea Communications Standards Commission (KCSC).
That’s a significant drop from the 4.9% contraction that analysts forecast in a June forecast.
In 2018, the world’s second-largest smartphone market surpassed the U.S. in terms of smartphone sales and revenue, and its smartphone market share is on pace to reach 70%.
But the slowing Chinese mobile business will likely put pressure on the international market, and analysts say it could make it harder for the U, U.K. and other Western countries to compete in the emerging markets of China.
China’s government, which has long been keen to diversify its mobile and Internet markets, has been investing in both mobile and broadband infrastructure in recent months, to support the growth of its mobile industry.
This will likely push up mobile prices and make it difficult for companies to compete with the Chinese companies that have dominated the domestic market.
China has a mobile phone market that is now the third largest in the world, after the U., U.k. and France, according a June report from IDC.
The U.N. has recently expressed concern about the health of the Chinese mobile phone industry, citing reports that many phones were not operating properly.
The government also plans to introduce a new smartphone app that will allow users to find phone numbers of potential phone calls and text messages, according the Associated Press.
China will be in a better position to weather the slowdown as it continues to expand its domestic wireless market, which now accounts for more than 80% of the market.
But analysts are skeptical that the slowing mobile business in China will impact the global market.
“The Chinese mobile market is really slowing down because of a lack of capacity, and that’s not the reason for the contraction in the U.” said Daniel Lee, a mobile business analyst at Gartner.
“It’s the lack of foreign investment that’s the problem.”
According to the KCSC, the mobile industry in China had a market cap of $1.2 trillion in 2018, down from $1,839 billion in 2018.
That is down from a peak of $2.5 trillion in 2008.
The decline in Chinese mobile revenue in 2018 came as the government also started to invest in its broadband infrastructure, which is also slowing the growth in the mobile market.
According to a June market report from Kantar Worldpanel, China’s average broadband speeds rose to 9.5 Mbps by 2019 from 9.2 Mbps in 2019.
China is expected to spend about $1 billion in 2019 on broadband infrastructure to bring speeds to 1 Gbps.
China now ranks second in the globe for broadband speeds, according U.J. News.
But some experts are worried that the slowdown in Chinese internet users could hamper the growth prospects of the global mobile phone business.
The mobile phone companies are not seeing the same kind of growth in revenues from the U and U.UK, said Kim Lee, an analyst with China Mobile Technology Co., a Beijing-based technology company that specializes in China’s smartphone market.
That could hurt the global phone market, because mobile companies will have less room to expand overseas.
China still has more than 300 million smartphone users, according Google, but the country has lost about 10% of its smartphone users in the past decade, according Gartet Research.
China also has a huge population of smartphone users.
That’s partly due to its large population and also because of the country’s huge mobile network infrastructure, Lee said.
“That’s what we’re seeing in the domestic Chinese smartphone market,” he said.
Lee said the decline in smartphone users will have a knock-on effect for China’s other mobile industry, where he expects the growth to slow significantly in 2019 as well.
That industry, meanwhile, is expected in 2019 to have a 3% revenue growth, according GlobalData.
“If the Chinese phone market doesn’t take off, then the rest of the world won’t either,” Lee said, adding that the global smartphone market is now worth about $2 trillion, and the U as a whole is worth about 3.5 times that.
“I think it’s not a great time for the mobile phone [industry] to grow in China.”
In 2018 the global total mobile market reached $2 billion, according Kantar.
The smartphone market in China is forecast to grow by 4% in 2020, and by 8% in 2021.
The global market for smartphones grew at a rate of 8.2% in 2017, but that is expected a little slower this year, according data from Kantart.
Mobile phone companies will continue to have an edge in the smartphone market because they can rely on their domestic network infrastructure to handle the vast volume of data coming into the market,