China Smartphone Sales Fall 5 percent YoY in Q1 2023 - HU

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China Smartphone Sales Fall 5 percent YoY in Q1 2023

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According to the latest report from Counterpoint, China’s smartphone sales fell 5% YoY in Q1 2023, reaching the lowest Q1 sales figure since 2014. In Q1 2023, Apple recorded the biggest share in the China smartphone market, increasing sales by 6% YoY in a declining market.

Apple’s market share in Q1 came to 19.9%, its highest Q1 share since 2014, while its sales were also the highest Q1 sales since 2015. The Chinese tech giant Huawei smartphone sales increased 41% YoY from a low base.

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Its mid-end Huawei Nova 10 series and premium Mate 50 series found popularity even though they still cannot support 5G.

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