ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Technology

China smartphone shipments slump toward 10-year low

Consumer shift toward thrift compounds structural weakness in demand

Oppo and other Chinese smartphone makers saw a significant drop in shipments in the first half of 2022.   © Reuters

GUANGZHOU -- Smartphone shipments in China are on track to fall to their lowest point in a decade this year as market saturation, longer waits between upgrades, and increasingly budget-conscious consumers combine for what could prove a prolonged downturn.

In the first half of the year, smartphone shipments in the world's largest market sank 21.7% on the year to 134 million, according to the China Academy of Information and Communications Technology.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more