The increasingly bullish Chinese market continued to see ups and downs in 2020, with significant declines to confirm a downtrend that continued into December.
It’s already over and while the start of 2021 was also quite entertaining, the truth is that In this new year it will be easy to overcome a cramped 2020 This left the first decline in the wireless industry in fifteen years, with huge ups and downs in sales and Always bullish markets like China are also in recession when we talk about the number of phones sold.
In fact, the information is not trivial because he told us GizmoChina on the tracks of Reuterswhich in turn echoed a report by the Chinese government itself in the a Smartphone shipments decrease by more than 20% in the 2020 financial year compared to the previous year 2019.
The data was collected by the China Academy of Information and Communications (CAICT) and The experts estimate that 296 million mobile units were sold in 2020for the 372 million units shipped in its huge market in 2019. The reduction is therefore significant, to be precise 20.4%.
Everyone in China is concerned about a bleak 2020 except Apple
This confirms a Contraction trend in the Chinese mobile communications market, partly motivated by the coronavirus pandemic, which originated within its borders and was apparently the first country to stand alongside the Problems arising from supply chains and the decline in customer demand.
There is also talk of one Saturation process in their marketswith a noticeable extension of the retention periods for terminals before upgrading to new models also attributed to the lack of news and that Apple managed to join the 5G trend by the end of the year, which is already a trend in China.
If you take a closer look you can see how Huawei has continued its unstoppable growth Despite the pandemic, the first few months of 2020 were bad for all local manufacturers, including giants like OPPO, Vivo or Xiaomi. And all despite the fact that Chinese retailers expected 5G to increase sales Yet.
Certainly, this 2020 slowdown in the Chinese market was also aided by the Trump administration’s veto of large numbers of Chinese companies approving trade restrictions almost completely paralyzed Huawei’s activities outside the countryThis even affects the local supply by not being able to Access to a continuous supply of chips and other technologies registered in the United States.
As mentioned earlier, Apple is lucky with 20% share in the Chinese market for the first time in its history, but the cellular industry fell 12.8% yoy in December and shipped a total of 25.2 million smartphones To users in China who find the pothole hasn’t happened yet … We’ll have to see how it turns out, but it is now being explained that many companies have gone to India as a priority market!