Counterpoint: China's smartphone sales fell 5% year-on-year in Q1 2023, while Huawei grew 41%

According to recent news, following Canalys, another market research organization, Counterpoint Research, released the China smartphone report for the first quarter of 2023, with sales down 5% year-on-year and up 10% month-on-month.

The main contents of the attached report are as follows:

• China's smartphone sales fell 5% year-on-year in the first quarter of 2023, the lowest level since 2014.
• Sales in the first quarter increased by 10% quarter-on-quarter as the impact of the COVID-19 epidemic was reduced.
• Apple's iPhone accounted for 19.9% ​​of the market this quarter , the highest share since 2014, and its sales hit a new high since 2015.
• The main reasons for boosting Apple's mobile phone sales were a 600-800 yuan price reduction for iPhones in some retail channels and an 800 yuan subsidy from some e-commerce platforms.
• OnePlus saw the largest increase, with sales increasing by 227% following the frequent launches of the OnePlus 11 and OnePlus Ace 2 and Ace 2V.
• Huawei's smartphone sales increased by 41% . Although the mid-range nova 10 series and the high-end Mate 50 series still do not support 5G, they are still popular among consumers.

The full report is available at: China Smartphone Sales Fall 5% YoY in Q1 2023; Apple on Top With Highest Sales Share

From IT Home