HomeBusinessChinese Smartphone Market undergoes its first dip in Shipment volume in 2017

Chinese Smartphone Market undergoes its first dip in Shipment volume in 2017

Jumia Black Friday Deals

chinese phone market

Even though Xiaomi recently gained the upper hand on Samsung when it comes to the mobile market shares in the Chinese market, there is no growth indication for the general smartphone market in the region. In fact, according to a new report, the market is now seeing its first annual decline in shipments for the year ended 2017.

This was not totally surprising news since the Chinese market recorded an unprecedented drop in shipments in the second quarter of the year 2017. However, it was not expected that this drop would be sustained throughout the twelve-month period.

In total, the mobile phone shipments into this market dipped by four percent, and they will hope to make up for that in the coming years.

Dip or not, China is still the largest phone market in the world. Calculating the total units shipped after the decline in shipments, it still stands at staggering 459 million units.

This decline can be blamed on saturation in the market alongside other factors. That being said, one of the brads that would not have felt the impact of this dip so much is Huawei.

In the Q4 of 2017, just 113 million units of smartphones were shipped. This is down 14 percent from the previous year, but interestingly, Huawei was able to account for 24 million of those shipments. This represents a solid growth spurt and brand recognition for the company in a very competitive phone market.

Oppo and Vivo, on the other hand, do not have the same story to tell. In China, the two companies have seen their sales drop by a margin of 16 percent and 7 percent respectively. The good news is that they made up for this with the global emergence in other Asian markets in the same time frame.

Latest articles

Best Valentine’s Day Gifts Ideas

Looking for a great Valentine's Day gift for your loved one? You are in...

Best Web Hosting Services for Small Business in 2024

Your business's online presence is as vital as any physical storefront or office. The...

8 Reasons to Buy the Oppo Reno 11 5G

Are you in the market for a new smartphone? Look no further than the...

10 Key Features of the Tecno Spark 20 Pro Plus

Tecno has introduced the top of the line member of its latest Spark Series....

How to Open OPay Account for Seamless Banking

OPay is a leading mobile banking and payment platform that allows you to make...

SpaceX launches First Starlink Direct to Phone Satellites

SpaceX has announced the launch of its first set of direct to cell satellites...

How to Track a Cheating Spouse

Lacking trust in a relationship can lead to sleepless nights, restlessness, and worry. If...

More like this

Best Web Hosting Services for Small Business in 2024

Your business's online presence is as vital as any physical storefront or office. The...

Top Nigerian Banks Partner to launch New cNGN Stablecoin

With the Central Bank of Nigeria relaxing its restrictions on cryptocurrencies in the Nigerian...

Why you need Strong Digital Supply Chain Management

Digital transformation is crucial to the survival of any business today. And to truly...