Seeing the feeble smartphone sales in their home market China and reduced smartphone purchases by consumers in overseas markets because of inflation, Chinese smartphone brands, to lower channel inventory levels, stayed conservative with their global shipments in the third quarter of 2022 with combined volumes amounting to around 140 million units in the quarter, down 5.5% sequentially and 18.2% on year.
Table of contents
Key factors affecting China's smartphone industry
Supply: 2H22
Table 1: Key factors affecting the 2H22 China smartphone industry (supply)
Table 2: Key factors affecting the 2H22 China smartphone industry (demand)
Chart 1: China smartphone industry shipments, 3Q21-4Q22 (m units)
Chart 6: China smartphone industry's export shipments, 3Q21-4Q22 (m units)
Chart 7: Export shipments by Chinese vendor, 3Q21-4Q22 (m units)