China's smartphone shipments reach 69.3 mln units in Q1
Release time：2024-05-08 01:32:46 Source：Global Glossary news portal
-
BEIJING, May 4 (Xinhua) -- China's smartphone shipments grew by 6.5 percent year on year to 69.3 million units in the first quarter of 2024, data from a recent industry report showed. Although this growth figure was supported by a low comparison base year, it marked the second consecutive quarter of growth, adding momentum to market recovery, according to the report from global market research firm International Data Corporation (IDC). The market saw better-than-expected shipment figures, driven mainly by strong growth on the part of both Honor and Huawei, while Lunar New Year festivities in the first quarter also stimulated shopping sentiment and demand for low- to mid-range devices, IDC said. The IDC report also stated that folding devices were seeing constant and significant growth this year. Overall market growth in terms of foldable devices in the first quarter surged 83 percent year on year, recording a staggering shipment volume of 1.86 million units. In the high-end segment, the AI buzz and impact of foldable products allowed Android smartphone vendors to further differentiate themselves from Apple, garnering increased interest from Chinese consumers, it added.
（Editor:Liao Yifan）
- Previous：Czech Republic's top court rules that surgery is not required to officially change gender
- Next：Minnesota legislators consider constitutional amendment to protect abortion and LGBTQ rights
Related articles
- Robinhood Markets receives SEC notice for alleged securities violations at crypto unit
- China's research vessel finishes month
- Chongqing to build world
- Study links pesticide to breathing problems in children living near farms
- Happy birthday Archie! As the young royal turns five today
- China AI industry to see scale reach over $240 bln
- NASA's next Mars mission to probe deep interior of red planet
- China discovers Asia's largest lithium source to date
- Nonprofit Chicago production house Invisible Institute wins 2 Pulitzer Prizes
- China overtakes India to become the world's largest gold jewelry consumer in 2023
- China's smartphone shipments reach 69.3 mln units in Q1
- China reveals shortlist of 10 names for 1st Mars rover
- China discovers new oilfield with over 100 mln tones of reserves
- China AI industry to see scale reach over $240 bln
- Boca Raton's most expensive waterfront property sold for $40M
- China sees stronger momentum for scientific and technological innovation over past five years
- New model reveals seabirds' movement may help analyze animal decision
- Luxury brands embrace the Year of the Dragon
- Russian journalist arrested for years
- Xi Story: President Xi's Sports Aspiration
Random recommendation
Peony Cultural Tourism Festival Kicks off in Wuding, SW China's YunnanPeople Enjoy Chinese Lunar New Year Holiday Across ChinaWomen Workers in NE China Play Active Role in Various WorkplacesHanfu Lovers Gather in Xixi Wetland in Hangzhou to Celebrate Coming of SpringChina Steps up Judicial Protection for Women, Children: ReportsMore Women Elected to Sit as NPC DeputiesSpring Campus Job Fair for Graduates of 2023 Held in Harbin, NE ChinaInnovation and Development Demonstrated During Boao ForumVillagers in North China's Hebei Embrace Prosperity Thanks to Red Lantern ManufacturingPeople on Their Way for Family Reunions During Spring Festival Travel Rush
- Copyright © 2024 Powered by China's smartphone shipments reach 69.3 mln units in Q1 ,Global Glossary news portal sitemap