Chinese Market for Car GPS Maps to Grow in Coming Years
January 12, 2006
According to a report by the Xinhua News Agency, citing research by the Chinese company Shinco, the market for automotive electronic GPS maps is expected to reach a value of ten billion RMB in the coming three years. Since GPS maps for use in cars were first introduced during the '90s in China, demand for this product has steadily increased, and will continue to do so in the coming years.