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Tuesday, January 26, 2021

KEY STAT | Chinese smartphone makers shipped three out of four 5G phones worldwide in Q2 2020,

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Chinese firms had been the finest contributor to 5G phone shipments within the previous quarter, with 72% of the worldwide shipments coming from manufacturers adore Huawei, Vivo, and Oppo, in step with a novel file by Counterpoint Analysis. 5G telephones contributed to 10% of the final global handset shipments within the quarter.

“5G cargo persisted its development in China in spite of the decline within the final smartphone market across regions, majorly pushed by evolving user demographics, lifelike 5G gadgets, and the proliferation of smartphone users,” Counterpoint stated.

Despite an general 15% year-on-year (YoY) decline in revenues for the smartphone alternate at some stage within the quarter, the everyday promoting ticket (ASP) of smartphones elevated by 10% within the quarter, with China reporting the ideally suited ASP lengthen at 12%. On moderate, a novel smartphone will ticket about USD 310 in China, in step with Counterpoint.

Be taught more: China’s 5G phone shipments space to high 100 million this year

China digest

This text is half of KrASIA’s “Key Stat” sequence, where KrASIA picks and gifts essentially the most critical figures of the day’s expertise and alternate world.

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