Sunday, June 23

Tag: Smartphone Shipments

Smartphone shipments in China fall 16% in June
CHINA

Smartphone shipments in China fall 16% in June

SHANGHAI, 13th July 2020 (Reuters) - Smartphone shipments in China fell 16% in June compared with a year earlier, according to government data released on Tuesday. The numbers suggest that handset demand in China remains lukewarm despite the country’s recovery from the coronavirus pandemic, boding poorly for Apple Inc AAPL.N and its local rivals like Huawei Technologies Co Ltd. Phone makers shipped 27.7 million handsets in June, down from 32.7 million in June 2019, according to the China Academy of Information and Communications Technology (CAICT), a state-backed think tank. That follows a similar decline in May, when shipments dropped more than 10% annually, from 36.4 million in May 2019 to 32.6 million one year later. In April, after a slump in the previous months due to the...
India’s Smartphone Shipments to Hit 160 Million Next Year
INDIA

India’s Smartphone Shipments to Hit 160 Million Next Year

Smartphone shipments in 2019 is expected to reach upto 160 million in India. India is expected to be the only major smartphone market to grow in 2019, following on from a strong 2018, compared with China. This compares with over an expected 150 million in 2018, compared with around 134 million in 2017. The Indian smartphone market is estimated to have grown 12% on year when global smartphone market is estimated to decline for the first time ever in a single year. Growth in the world’s fastest growing smartphone market revived in 2018 backed by a contraction in product replacement and upgradation cycles as a result of aggressive smartphone launches across price-points and an array of product financing schemes, discounts and buy-back offers, a trend which is likely to follow through...