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Canalys report shows that the China smartphone market declines 11% in 2020

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Canalys has recently released a research report on China smartphone market for the fourth quarter (Q4) of 2020. The report shows that the China’s smartphone market closed with 84 million unit shipments in Q4 of 2020 with a decline of 4% year-on-year (YoY).

During the whole year, 330 million units were shipped, which has a decline of 11%. The main reason behind the loss of the market is the pandemic and the US sanctions on Huawei by which the performance was rapidly declined as well as the overall market recovery was stalled.

In the list, Huawei leads the ranking list with 18.8 million shipments with a decline of 41% from 22% in Q4 of 2020. Apple also shipped more than 15.3 million units in Q4, with an 18% market share, up from 15% in Q4 2019. Xiaomi completed the top five, shipping 12.2 million units, growing 52% year-on-year…“It is possibly Huawei’s toughest time as it is restrained to even serve its home market,” says Canalys VP of Mobility Nicole Peng.

These commitments brought immediate results, and market share improved within mere months. 2021 will be clearly a year of aggressive expansion for Oppo, Vivo, and Xiaomi. “Honor is also a player we shouldn’t ignore in China in 2021, as the vendor has inherited most of Huawei’s strengths and aims to win over Huawei’s loyal customers,” Peng.

(Source | Via)



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