Though all handset makers are interested in China, many are waiting for the country to upgrade its networks to the 4G technology LTE, said Lin.

FORBES: Asus Brings Five Android Devices To China In Bid For Billions Of New Customers

"I don't know how are they going to afford it, " says American Technology Research analyst Albert Lin.

FORBES: Qwest's Offer Is Beyond Its Means

"Basically this allows you to have greater bandwidth and lower cost, " says American Technology Research analyst Albert Lin.

FORBES: Think You're Wireless? Think Again