IDC Report 2017: China Suffers 5% Decline in Smartphone Market

by Habeeb Onawole 0

At the beginning of the year, a few Chinese smartphone manufacturers had revealed during their new year presentation that the domestic market had recorded less sales in 2017. Popular market intelligence firm, IDC has corroborated the statement with their report for Q4 2017 and 2017 as a whole.

According to the firm, the market suffered a 15.7% decline in Q4 2017 and 4.9% for the whole year when compared to the same period in 2016. Q4 shipments amounted to 114.3 million units, leading to 444.3 million units shipped in 2017 as against 467.3 million in 2016.

IDC Q4 2017 market share and shipments
IDC Q4 2017 market share and shipments

Nevertheless, the top manufacturers still recorded an increase in market share for the quarter and for the whole year. Apple increased its market share from 11% in Q4 2016 to 12.9% in 2017. Huawei, OPPO, and Vivo did the same but the biggest success was recorded by Xiaomi who nearly doubled its market share from 7.4% to 13.9%.

IDC 2017 market share and shipments
IDC 2017 market share and shipments

Huawei still holds the largest market share in its home country and shipped a total of 90.9 million smartphones thanks to the success of its budget smartphones. It is followed by OPPO and Vivo with 80.5 and 68.6 million shipments for the year. Xiaomi is 4th, ahead of Apple with a 12.4% market share and 55.1 million units shipped.

READ MORE: LG May Quit The Chinese Smartphone Market

Apple is the second company in the top 5 that shipped less smartphones in 2017 – 41.1 million units as against 2016’s 44.9 million units. Samsung doesn’t make it to the top 5. Even with its success globally, Samsung is finding it difficult to outshine China’s domestic manufacturers.

(Via)

 

 

We are looking for writers. Interested? Fill out this google form.