Smartphone shipments in China bounce back in March
According to new data from the China Academy of Information and Communications Technology (CAICT), smartphone shipments in the country totaled 21 million units for the past month. This represents a 3-fold increase compared to February, which was the worst performance in recent memory but the new figure is still 20% below shipments levels from March 2019.
Apple surged to 2.5 million phone shipments last month which is a notable improvement over the estimated 500,000 units it moved in February according to Chinese government data. With local online and offline retailers back to regular working times and logistics firms across the country ramping up shipments, expectations are looking better for the upcoming quarter.
Xiaomi’s recent earnings report revealed that its smartphone sales have bounced back to 80% of normal levels and the company’s CFO expects continued improvement in the coming months. Still, it remains to be seen how consumers’ purchasing habits will respond to the economic slowdown.
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Smartphone sales in China decline 45 percent in February
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Smartphone shipments drop by 37 million units in February YoY due to COVID-19
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Xiaomi passes Huawei to become third biggest smartphone maker in February
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Xiaomi gets half its revenues from outside of China, reaches $10 billion in the Q1-Q3 period
Reader comments
- Foxtrot2Novmbr
- t7Q
Is it even safe to purchase MADE in China smartphone products after some news reports that COVID 19 will stay on glass surfaces?
- sayabosanhidup
- XUv
i believe it is true because i quite often check phones in toaboa n i can see that new purchases have been made im talking about old phones like honor 8 released back in2016 so let alone those released in2019 or even2020 ?
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