Survey shows signs of recovery in the Chinese mobile phone market, with Huawei shining the brightest.
Survey indicates strong recovery in Chinese mobile phone market, with Huawei dominating.
【Mobile China News】On November 16th, Mobile China learned that according to Counterpoint Research’s latest issue of the Smartphones 360 Weekly Report, the Chinese smartphone market is showing signs of recovery, with an average year-on-year growth of 11% in the first four weeks of October. Counterpoint pointed out that Huawei has become the most dazzling brand, capturing the majority of the overall market’s net growth during this period. Analyst Archie Zhang stated that with the launch of Huawei’s new products featuring the new Kirin chip, Huawei was the standout brand in October, and the success of its Mate 60 series allowed it to rise against the trend.
Currently, Huawei is facing inventory shortages due to demand significantly exceeding expectations, placing enormous pressure on the component supply chain and EMS suppliers. Senior manufacturing analyst Ivan Lam stated: Huawei’s ability to adapt to this series of new market norms will not only directly impact its own growth, but also determine the overall market’s development trend. This year, production issues have been a recurring topic, with both Huawei and Apple facing pressure to deliver new devices. The latter encountered some problems meeting demand for specific colors in the Pro Max model, resulting in extended wait times and price fluctuations on certain e-commerce platforms.
- Shen Ziyu reveals the white panel of Meizu 21 the most flawless front design in Meizu history.
- Geely-backed Starry Universe Meizu completes RMB 2 billion Series A financing, with a valuation exceeding RMB 10 billion
- Xiaomi will launch a series of heavyweight products in the first half of next year, including multiple flagship models apart from cars.
All in all, the Chinese smartphone market is showing signs of recovery, and major brands are striving to seize opportunities and enhance their own strength. In the future, with intensified market competition and the continuous emergence of new technologies, the Chinese smartphone market is expected to continue thriving and remain vibrant.
We will continue to update Phone&Auto; if you have any questions or suggestions, please contact us!
Was this article helpful?
93 out of 132 found this helpful
Related articles
- 2023 OPPO Developer Conference Summary ColorOS 14 and Large Model Launch
- ColorOS 14 Release Over 600 Optimizations – OPPO’s Self-developed Pantañal System Lands
- Honor Magic5 production line can produce a mobile phone in 28.5 seconds. 40% of the equipment is self-developed.
- Redmi Note 13R Pro appears with 256GB storage, selling for only 1999 yuan. The design is also incredibly high-end!
- 9 out of the top ten smartphones in terms of market share for 5G are iPhones! The Huawei P40 series stands alone.
- Redmi K70 white version latest rendering exposed, all aspects of design fully known.
- Huawei Mate60 series sales surpass Mate50 series! 2.5 million units sold.
