Trade Resources Industry Views Chinese Smartphone Market Would Turn to Be Mature with The Rapid Expansion

Chinese Smartphone Market Would Turn to Be Mature with The Rapid Expansion

Chinese smartphone market growth will slown down after the explosive growth in the past years due to mobile carriers' reducing subsidies and the gets-saturated market.

Chinese Smartphone Swept Asia

The data shows Chinese smartphone deliveries reached 10.5 million units in Q3, up 1 percent by Q1 and 11 percent on last year. And the growth fell behind the average level of Asia-Pacific region except Japan. "Chinese smartphone market has come to the end of its golen age." said Kiranjeet Kaur, the senior market analyst from IDC. The percent of smartphone users in China has reached 80 percent in the total 88.5 million mobilephone users.

Kaur said Chinese smartphone market would turn to be mature with the rapid expansion. The market demand focused on the low-priced, which is different from other countries'.

Chinese mobile carriers are taking measures to cut subsidies to gain more profits and it raise prices and control the consumption.

At the same time, Indian smartphone boost due to the expansion of Chinese smartphone brands in India. Indian smartphone deliveries reached 23 million uints in Q3, up 82% on  year. Xiaomi, the third largest smartphone maker in the world, is scaling back its expansion into the West, instead focusing its efforts on the vast and growing markets of India.

In India, the company has increased shipments of its handsets from 50,000 per week to 200,000 to meet demand. According to a Xiaomi spokeperson, the company typically sells between 65,000 to 100,000 units per week, with events such as Diwali causing spikes of up to 175,000 phones sold. Xiaomi is also exploring options with Foxconn to manufacture its phones in India or Indonesia.

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Chinese Smartphone Swept Asia