Phone market in China has decreased by 15% in the first ten months of this year

Xiaomi Mi A2

Usually appear the Ministry of industry and information technology, Chinese well-known acronym in the name (MIIT) on the radar when we talk about smart phone certain licensed for sale listed in the site TENAA. Now, we got something different from this ministry, and this thing is a report about the status of the mobile phone market in China in the period between January and October 2018, the numbers do not look good.

During the first ten months of this year, the companies charge 343 million phones, which represents a decrease of 15% on an annual basis. It should be noted that the majority of those shipments were from local companies, to 308 million units, exactly, this means that the market share of the company’s foreign manufacturers are down to only 10.2%.

The figures include all kinds of mobile phones, and even regular phones that don’t support 3G, but that’s hardly a difference. From January to October 2018, the market experienced shipped 18 million devices compatible with 2G networks, this represents a decline by 19% on an annual basis. Smart phones were compatible with 4G networks, representing 94.5% of all devices shipped to retailers and customers.

Ministry also issued statistics about the number of models. In the month of October the company introduced 48 new model, which represents a decrease by 25 percent on an annual basis. It is interesting that one third of these devices was a phone designed for needs of home. The total number of new models that have been released since the beginning of the year is 683 model note that 520 of them supports networks fourth generation 4G.

 

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