Tuesday Nov 5, 2024
Tuesday Nov 5, 2024

China's smartphone shipments expected to grow 6 pct in 2021


Nepalnews
2021 Jun 06, 10:30, Beijing
In this Oct. 31, 2019, file photo, attendees walk past a display for 5G services from Chinese technology firm Huawei at the PT Expo in Beijing. US President Joe Biden has nearly doubled the list of Chinese companies whose shares are off-limits to US investors in the latest sign he is not softening Washington's stance toward Beijing. Telecoms equipment maker Huawei Technologies, China’s big state-owned telecoms companies and China National Offshore Oil Corp. are on the new list of 59 companies. Photo: AP

The shipment of smartphones in China is expected to grow 6 percent year on year in 2021, according to an industrial report published by global market research firm International Data Corporation (IDC).

Though the country's smartphone market saw robust growth in the first quarter, especially in the first two months of the year, there is no obvious overall trend of upgrading phones among Chinese consumers, said the IDC.

The company projected that China's smartphone shipment volume would contract in the second quarter and in the second half of the year.

In terms of the global smartphone market, the company has raised its near-term outlook, forecasting that global smartphone shipments would expand 7.7 percent year on year to reach 1.38 billion units in 2021.

The growth trend will continue into 2022, said the IDC, adding that global smartphone shipments would total 1.43 billion units in 2022. 


Nepal's First Online News Portal
Published by Nepalnews Pvt Ltd
Editor: Raju Silwal
Information Department Registration No. 1505 / 076-77

Contact

Kathmandu, Nepal,


Newsroom
##

E-mail
nepalnewseditor@gmail.com

Terms of Use Disclaimer
© NepalNews. 2021 All rights reserved. | Nepal's First News Portal