The Huaxia Times: MP3 under attack from music phones and MP4 players, manufacturers face turmoil in transition

At present, the seemingly prosperous MP3 market cannot mask the overall declining trend of the entire industry. Discussions about the future of MP3 manufacturers also vary widely. Data from CCID Consulting shows that in the first quarter of this year, the domestic MP3 and MP4 player market achieved a total sales volume of 1.6564 million units, a year-on-year decrease of 30.02%; sales revenue was 1.095 billion yuan, a year-on-year decrease of 31.13%. "In fact, the market growth of MP3s has already slowed down in 2007, showing a weak growth trend. A decline in the first quarter or even the whole year of this year is a normal situation," an insider told the reporter. More than 90% of the MP3 products on the current market are concentrated below 2.4 inches, and the profit margin of these products is only 10%. He pointed out...