China’s smartphone market is huge, nevertheless it is not getting greater

China's smartphone market is big, but it isn't getting bigger

China’s such an enormous nation that there’ll all the time be an insatiable demand for smartphones, proper? Not in response to analysis agency IDC, which believes that the nation’s telephone market has contracted by 4 % within the final yr. The outfit’s merry band of spreadsheet-wranglers believes that almost all of Chinese language individuals now personal a cellular system, and as such, will solely purchase a telephone once they need to improve.

The corporate has additionally drilled down into the winners and losers for the primary quarter of the yr, with no surprises as to who has come out on prime. Apple is sitting comfortably on the primary spot, having shipped almost 15 million units within the first three months of the yr. Sitting simply behind it, nevertheless, are native manufacturers Xiaomi and Huawei, which shipped thirteen.5 and eleven.2 million telephones in the identical interval. It is a sadder story for Samsung and Lenovo, each of which noticed its shipments fall by a painful fifty three and 22 %, respectively.

[Image Credit: Getty]

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