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China domestic smartphone shipments plunge more than 20% in 2020

Tuesday 12 January 2021 | 16:09 CET | News
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Domestic smartphone shipments dropped 20.4 percent year-on-year in China to 296 million in 2020, from 372 million in 2019, Reuters reports, citing figures released by China Academy of Information and Communications (CAICT). The report shows the decline in domestic smartphone shipments reflected both the impact of the coronavirus crisis on the supply chain and demand, and the ongoing trend for consumers keep their phones for longer before upgrading to a new model.

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Categories: Mobile & Wireless
Companies: Huawei / Oppo / Vivo / Xiaomi
Countries: China
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