Major shake-up seen as Chinese phone market contracts for the premier time ever
The decline in overall market shipments is providing added impetus for Chinese phone brands to intensify their overseas expansion. "The declining Chinese market going to have a detrimental impact on those Chinese vendors which have been heavily relying on their house market," told Hattie He, an analyst at Canalys Research. "It going to affect their cash flow and profitability, limiting overseas expansion and bringing into question aftertime survival. Oppo CEO Chen Mingyong told which the Chinese brand going to recently launch products in Japan and Europe, after establishing its presence in China and India, according to Chinese reports. We could expect a main market shake-up in China in 2018."Annual phone shipments in China declined for the premier time in 2017
according to China's phone market is no longer growing after it witnessed its premier annual decline in shipments during 2017, according to new figures launched today. That's according to information from analyst company Canalys that announced that total phone shipments dipped 4 % year-on-year to reach 459 mn units in 2017. In particular, the numbers in Q4 were drop 14 % on 1 year Former with 113 mn units shipped. Despite directory of buyer saturation, Huawei phone continued its impressive development spurt with 24 mn shipments in the last quarter of 2017, growing its numbers 9 % above the market. Finally, the launch of the iPhone X and iPhone eight helped Apple pip Xiaomi to 4th place with 13 mn shipments in Q4 2017.collected by :John Smith
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