ZCZC
BCN-17
CHINA-SMARTPHONE-SHIPMENT
China’s smartphone shipments bounce back in Q2: report
BEIJING, July 30, 2018 (BSS/Xinhua) – Smartphone shipments in China
bounced back to above 100 million units in the second quarter of 2018 after a
marked decline in the first three months, a new industry report showed.
The recovery provides much needed relief to vendors and channel partners
after shipments fell by more than 20 percent to 91 million units in the first
quarter, according to the report released by tech industry analysis firm
Canalys.
On yearly basis, the Chinese market has shown signs of improvement as the
rate of decline eased from 22 percent in the first quarter to 8 percent in
the second quarter, the report said.
Huawei, including its sub-brand Honor, saw its market share grow to a
record 27 percent, the biggest share for any smartphone vendors in China
since the second quarter of 2011, according to the report.
Canalys noted that smaller vendors are finding it tougher to compete, as
the top five vendors now account for 90 percent of shipments, against 73
percent a year ago.
“The market is expected to decline in the following quarters as well,
mainly owing to harsh declines in shipments from smaller vendors,” said
Canalys analyst Mo Jia.
BSS/XINHUA/HR/1142