business

China's smartphone shipments reach 69.3 mln units in Q1

Font size+Author:International Interplay news portalSource:travel2024-05-07 23:04:58I want to comment(0)

BEIJING, May 4 (Xinhua) -- China's smartphone shipments grew by 6.5 percent year on year to 69.3 mil

BEIJING, May 4 (Xinhua) -- China's smartphone shipments grew by 6.5 percent year on year to 69.3 million units in the first quarter of 2024, data from a recent industry report showed. Although this growth figure was supported by a low comparison base year, it marked the second consecutive quarter of growth, adding momentum to market recovery, according to the report from global market research firm International Data Corporation (IDC). The market saw better-than-expected shipment figures, driven mainly by strong growth on the part of both Honor and Huawei, while Lunar New Year festivities in the first quarter also stimulated shopping sentiment and demand for low- to mid-range devices, IDC said. The IDC report also stated that folding devices were seeing constant and significant growth this year. Overall market growth in terms of foldable devices in the first quarter surged 83 percent year on year, recording a staggering shipment volume of 1.86 million units. In the high-end segment, the AI buzz and impact of foldable products allowed Android smartphone vendors to further differentiate themselves from Apple, garnering increased interest from Chinese consumers, it added. 

(Editor:Liao Yifan)

Related articles
  • Chad holds presidential election after years of military rule

    Chad holds presidential election after years of military rule

    2024-05-07 23:01

  • Hong Kong launches nightlife campaign to boost 'night

    Hong Kong launches nightlife campaign to boost 'night

    2024-05-07 23:00

  • Russia election: Arrests for vandalism as ballot boxes targeted in Putin vote

    Russia election: Arrests for vandalism as ballot boxes targeted in Putin vote

    2024-05-07 22:14

  • Second dog infected with rare parasite babesia gibsoni

    Second dog infected with rare parasite babesia gibsoni

    2024-05-07 20:36

Netizen comments