According to the latest data released by the China Academy of Information and Communications Technology (CAICT), shipments of 5G smartphones have reached 17.51 million units in the month of June 2020.
With this, the 5G smartphone shipments account for 61.2 percent of China’s total mobile phone shipments for the month of June. This also represents an increase from 46.3 percent market share in May.
The report from CAICT, which is a research institute under the Ministry of Industry and Information Technology (MIIT), claims that companies have launched about 105 5G smartphones in the market in the first half of this year, with total shipments crossing the 63.6 million mark.
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Huawei is the leading smartphone company in China which has capture more than half of the market with its two brands — Huawei and Honor. In Q1 2020, the company shipped 15 million 5G smartphones, capturing 55.4 percent market share.
China’s 5G smartphone market is expected to grow further given that the pricing of 5G devices could soon drop as the next-generation communication technology goes on to become mainstream.
The country is among the first in the world to commercially launch 5G services and now China is rapidly developing 5G infrastructure, with more than 600,000 5G base stations expected to be built nationwide by the end of this year. China Mobile, China Unicom, and China Telecom are expected to spend more than 180 billion yuan for 5G technology.
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(Via)
