The China Academy of Information and Communications Technology under the Ministry of Industry and Information Technology reported a decline in mobile phone shipments in the country for the fifth month in a row. According to the ministry, in March, 28 million 370 thousand mobile phones were sold, which is 6% less than in March last year. 95.1% of all shipments were phones that support the 4G communication standard. The number of smartphones sold in the past month amounted to 26 million 940 thousand units, ranking 94.9% of the total sales of mobile phones. Their figure declined in annual terms by 4.1%. Chinese brands accounted for 90.5% of all sales. The number of new models that went on sale in March of this year was 35% less than a year earlier and amounted to 52 units. In the first quarter, sales of mobile phones decreased in annual terms by 11.9%, reaching 76 million 931 thousand units.
Asian shares soar, China’s manufacturing sector recovers31.03.2020
Samsung Display to end all LCD production in South Korea and China by end 202031.03.2020
Pandemic crisis to hit economic growth in Asia, China, World Bank says26.03.2020
Worldwide smartphone sales drop 14% in February due to COVID-19 contagion