China's Ministry of Industry and Information Technology (MIIT) reported recently that China produced a total of 1.18 billion mobile phones last year, a year-over-year increase of 4.3%.
Including computers, TVs, and integrated circuits, China notched sales value of 8.5 trillion RMB (or $1.3 trillion), a year-on-year increase of 12.6%, according to MIIT. Specifically, the country produced 350 million computers, 130 million TVs, and 82.3 billion integrated circuits, a year-on-year growth of 10.5%, 4.8%, and 14.4%, respectively.
Altogether, China manufactured over 50% of the world's mobile phones, computers, and TVs.
Currently, about 80% of urban residents own a computer. As of the end of 2012, China's mobile phone penetration rate reached 82.6%, nine percentage points higher than in 2011. China's 3G network added 104.4 million users -- the first time it's added more than 100 million people, according to MIIT. Mobile Internet penetration increased 5.1 percentage points to 74.5%. For comparison, overall Internet penetration stands at 42.1%, an increase of 3.8 percentage points over the previous year.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.