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Monday, 30 January 2023

Canalys: 2022 sees China smartphone market decline to worst levels in a decade

Canalys published its latest report on smartphone sales in China regarding the final quarter of 2022 and the full calendar year. The results are bleak, as the market saw a 14% decline in overall shipments, dipping below 300 million units for the first time since 2013. During Q4, Apple was the top maker with a 22% market share, although shipments declined 24%. The significance of the Chinese market is enormous for makers, as it is the biggest in the world - about 25% of all smartphones globally are sold the Asian country. Canalys reveals most vendors have been dealing with inventory...

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