© 2020 All rights reserved to Maaal Newspaper
Publisher: Maaal International Media Company
License: 465734
A research company: China’s sales of smartphones fell in 2022 to the lowest level in 10 years
Market research company (IDC) said today, Sunday, that China’s sales of smartphones fell 13 percent year on year in 2022, to record this sector the largest decline in a decade in light of consumers’ caution in spending.
According to Reuters, the total number of devices shipped was 286 million, down from 329 million the previous year.
According to a company report, this means that the total sales of 2022 were the lowest since 2013, and this was the first year since then that annual sales fell below 300 million.
Android phone manufacturer Vivo was the best-selling brand throughout the year, with a market share of 18.6 percent. However, its total shipments decreased by 25.1 percent year-on-year
Honor came in second place among the best-selling brands, and its shipments increased by more than 34 percent, but this was the result of the lower comparison basis.
Apple ranked third in 2022
And the strict anti-Covid controls in China weighed on the economy, which last year slumped to one of its worst levels in nearly half a century.
The decline in smartphone sales in China is in line with the sector’s performance around the world. According to IDC, worldwide smartphone shipments reached 1.2 billion, the lowest level since 2013, equivalent to an annual decline of more than 11 percent.
© 2020 All rights reserved to Maaal Newspaper
Publisher: Maaal International Media Company
License: 465734