BEIJING (XINHUA) – China’s smartphone shipments grew by 6.5 per cent year-on-year to 69.3 million units in the first quarter of 2024, data from a recent industry report showed.
Although this growth figure was supported by a low comparison base year, it marked the second consecutive quarter of growth, adding momentum to market recovery, according to the report from global market research firm International Data Corporation (IDC).
The market saw better-than-expected shipment figures, driven mainly by strong growth on the part of both Honor and Huawei, while Lunar New Year festivities in the first quarter also stimulated shopping sentiment and demand for low to mid-range devices, IDC said.
