Profits of electronic information manufacturing industry dip

BEIJING, Feb. 4 (Xinhua) -- Profits of China's electronic information manufacturing industry dipped in 2018, partly due to rising costs.

Profits fell 3.1 percent year on year, while main business costs jumped 9.1 percent from a year earlier, according to a statement by the Ministry of Industry and Information Technology.

In breakdown, profits of the communications equipment manufacturing sub-sector dived 11.8 percent from a year earlier, partly due to a high comparison base, while that of the computer manufacturing sub-sector increased 4.7 percent.

Last year, mobile phone output fell 4.1 percent year on year, with smart phone production down 0.6 percent.

Output of laptops and tablet computers rose 0.6 percent and 2.8 percent, respectively.