The China’s smartphone shipment has slumped by 11.8% on a yearly basis in May 2020, as reported recently by China Academy of Information and Communications Technology. China’s smartphone shipment was recorded to be 33.8 million units, while that between January – May 2020 as 124 million units which is reported to be 18% lesser year-on-year basis. This is when the country’s April shipment improved with 14.2% Y-o-Y increase in the month.
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The country recorded improved performance in the 5G smartphone shipments as it shipped 46.08 million 5G smartphones. This is when the country saw only 81 5G new phones being launched during the first five months of the year. This is about an 18.8% Y-o-Y slump with 169 SKUs.
Out of the total 81 5G new phones launched between Jan – May 2020, 32 were released in May 2020 which is 22% lower than that in May 2019. With that being said, the total number of 5G smartphones shipped in May 2020 in the country is recorded to be 15.64 millions which is 46.3% of the total smartphone shipments recorded in May 2020.
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Notably, the country has a major stake in smartphone shipment across the world. In May 2020, the Chinese smartphone brands accounted for 91.7% of the total smartphone market share. For Jan – May 2020, it recorded 90% stake in the smartphone shipment across the world. These figures are expected to slump more in the coming months as major tech giants are planning to shift their production from China to India and other countries after the US along with its allies accuse China of spreading Corona Virus Disease 2019 (COVID-19) across the world.
The country is on a wafer thin border of facing the anguish from major countries across the world for the alleged COVID-19 spread from its Wuhan city. China is accused of hiding the facts of the transmission of the deadly virus from the world to keep its economy unaffected. The whole world has come to its knees due to COVID-19 pandemic as more than 4 lac people across the world have died due to COVID-19.
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