A new report has revealed that the smartphone shipments in China have seen a decline of around 32 percent year on year for the month of May 2021, reaching just 23 million units.
According to an ITHome report, the Chinese Institute of Information and Communications Technology shared data of the handset shipment market. The report found that the region’s shipment figures reached 23 million devices in May 2021. This marked a significant decline of 32 percent from a year prior. The news arrives while the overall global smartphone market is expected to see an annual shipment rise of 12 percent year on year, reaching 1.4 billion units.
Furthermore, the report also added that the domestic handset makers shipped around 19.249 million units during this month, marking a notable year on year decrease of 37.8 percent. Although the domestic brands have seen a decline, these vendors still account for 83.8 percent of all smartphones that were shipped in this period. This includes the launch of 25 new models last month. Interestingly, even the number of handset models being launched fell by 16.7 percent year on year.
For the first five months of this year (from January to May), the local smartphone manufacturers in China shipped a total of 131 million units. This marked a year on year rise of 16.7 percent. The domestic brands alone accounted for 88 percent of all handset shipments during these months. In this period, a total of 166 new smartphone models were also launched in the Chinese market, which marked an increase of 11.4 percent year on year. The data also showcased that the market in China grew rapidly during the first five months, which was especially true for 5G enabled handsets.
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