China: unprecedented fall in the smartphone market for ten years

Minus 13% in one year, this is the biggest drop observed in the smartphone market in China for a decade.

AP - Vahid Salemi

Text by: RFI Follow

1 min

In China, consumption figures continue to cause concern.

Smartphone sales fell by 13% in 2022 in the second world power and smartphone shipments fell below 300 million for the first time since 2013. A sign of a market that is beginning to saturate.

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Minus 13% in one year, this is the biggest drop observed in the smartphone market in China for a decade, according to a study by the firm IDC.

A fall which is explained by the difficulties encountered by the second world power, long locked behind its

zero Covid policy

, which has severely handicapped its economy.

Beijing

lifted all its health measures in December

and now insists on reviving consumption.

This trend observed in China is in line with the saturation observed in the global smartphone sector, as evidenced by global sales, which plummeted by 18% in the last quarter of 2022.

► To read also: 

China relies on the private sector to revive its economy after the years of pandemic

With my comments &@IDC data.

Tough year indeed for the #smartphone market as volumes hit lowest levels in over a decade;

we are not in the clear yet, 2023 will remain challenging as vendors struggle with dampened demand that is refusing to lift up https://t.co/C2i3uhkVCc

— Nabila Popal (@NabilaPopal) January 26, 2023

The riots pointed out

In addition, Chinese smartphone shipments also fell last year, dropping for the first time since 2013, below the 300 million units mark.

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China will wait to quench its thirst for world domination

In November, violent riots against zero Covid broke out at

the Foxconn factory in Zhengzhou

, the world's main iPhone assembly plant.

Riots that had greatly disrupted the supply chains of the American giant Apple.

► Also to listen: 

India, rising power against China

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