NetQin bets big on security solutions

TIANJIN - Mobile security firm NetQin Mobile Inc said on Monday that security demand for mobile devices such as smartphones and tablet computers will see an explosive growth in China over the next few years.

Lin Yu, CEO and co-founder of NetQin, said China's mobile security market will account for over 35 percent of the overall Internet security market in the next three to five years, from the current 5 percent, as shipments of smartphones and tablet computers increase.

"It is a misconception that people always think computers security is more important than mobile devices," said Lin, a former professor at Beijing University of Posts and Telecommunications, on the sidelines of the World Economic Forum in Tianjin.