The third quarter of 2023 has witnessed a decline in smartphone shipments in China, a trend highlighted by both Canalys and IDC, two reputable technology market research firms. Their reports provide insights into the current state of the smartphone industry in China, with specific attention to top brands, market shares, and shipment volumes.
Market Shipment Volumes
According to Canalys, smartphone shipments in China for Q3 2023 stood at 66.70 million units, representing a 5% decline year-over-year. Meanwhile, IDC reported a slightly higher shipment volume of 67.05 million units, marking a 6.3% decrease year-over-year.
The reasons for this decline, as suggested by IDC, include the cautious approach adopted by most manufacturers, controlling shipment volumes and actively clearing channel inventory in preparation for new product launches in the upcoming quarter.
Top Brands and Market Shares
1. Honor: Both Canalys and IDC concur that Honor has reclaimed the top spot in the Chinese s...
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