Connect with us

Hi, what are you looking for?

Entertainment

China’s 2022 smartphone shipments the lowest in 10 years, research firm says – One America News Network


SHANGHAI (Reuters) – China’s smartphone sales fell 13% year-on-year in 2022, the largest plunge for the sector in a decade as consumers spent cautiously, market research firm IDC said on Sunday.

The total number of devices shipped was 286 million, down from 329 million in 2022.

That meant total 2022 sales volume was the lowest since 2013 and the first time since then that annual sales have dropped below 300 million, IDC said in a report.

Android handset maker Vivo was the top-selling brand over the year, with a market share of 18.6%. Its total shipments fell 25.1% year-on-year, however.

Honor ranked as the second best-selling brand, with shipments growing more than 34%, albeit from a low base.

Apple Inc was the third best-selling phone brand in 2022, tied with Oppo.

Apple’s overall sales fell 4.4% year-on-year, broadly outperforming the market downturn.

In Q4, despite being the top-selling brand in the three-month period, year-on-year sales for iPhones were still down, as supply chain issues caused by worker unrest at manufacturer Foxconn’s plant in the city of Zhengzhou compounded worse-than expected demand, researchers wrote.

Advertisement. Scroll to continue reading.

Strict COVID-19 controls in China, which ramped up in the spring of 2022 across several cities, weighed heavily on its economy which slumped to one of its worst levels in nearly half a century last year.

The plunge in smartphone sales in China reflected the sector’s performance globally. In 2022, global smartphone shipments hit 1.2 billion, the lowest since 2013 and a year-on-year fall of more than 11%, according to IDC.

(Reporting by Josh Horwitz; Editing by Robert Birsel)

tagreuters.com2023binary_LYNXMPEJ0S015-BASEIMAGE




By: OAN

Loading

Advertisement
Comments

You May Also Like

China

Online retail giant TEMU has announced a major shift in its supply chain strategy, revealing plans to begin sourcing and shipping products directly from...

democrate

On May 2, 2025, Arizona Governor Katie Hobbs officially vetoed House Bill 2099, legislation that would have expanded the duties of the governor and...

Biden Administration

In a startling revelation, Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. has accused the department, under the Biden administration, of being...

Politics

In a recent public statement, U.S. Secretary of State Marco Rubio defended the Trump administration’s sweeping cuts to foreign aid programs, emphasizing the need...

DOGE

In a recent public appearance, Elon Musk, head of the Department of Government Efficiency (Doge), openly ridiculed a $250 million U.S. Department of Labor...

News

An 18-year-old Long Island high school student is taking the tech world by storm with his innovative AI-powered calorie-tracking app — a project now...

Biden Administration

In a contentious interview marking his first 100 days back in office, President Donald Trump directly challenged ABC News correspondent Terry Moran, accusing the...

Democrats

Minnesota Governor Tim Walz is drawing attention following remarks made at Harvard’s Kennedy School in which he explained why then-presidential candidate Kamala Harris selected...

Advertisement
Back