BR100 Decreased By (-0.4%)
BR30 Decreased By (-0.65%)
KSE100 Decreased By (-0.29%)
KSE30 Decreased By (-0.22%)
AGHA 6.56 Decreased By ▼ -0.11 (-1.65%)
BECO 4.40 Increased By ▲ 0.05 (1.15%)
BML 55.89 Decreased By ▼ -0.28 (-0.5%)
BOP 30.05 Decreased By ▼ -0.07 (-0.23%)
CNERGY 12.75 Decreased By ▼ -0.23 (-1.77%)
CSIL 5.21 Decreased By ▼ -0.10 (-1.88%)
FCCL 51.00 Decreased By ▼ -0.65 (-1.26%)
FFL 14.43 Decreased By ▼ -0.06 (-0.41%)
FNEL 1.22 Increased By ▲ 0.01 (0.83%)
KEL 5.97 Decreased By ▼ -0.09 (-1.49%)
KOSM 5.58 Decreased By ▼ -0.26 (-4.45%)
LOTCHEM 26.15 Decreased By ▼ -0.02 (-0.08%)
MLCF 90.33 Decreased By ▼ -0.90 (-0.99%)
NBP 161.45 Decreased By ▼ -2.74 (-1.67%)
NCPL 52.55 Decreased By ▼ -0.63 (-1.18%)
NPL 57.98 Decreased By ▼ -1.14 (-1.93%)
OGDC 315.40 Increased By ▲ 2.01 (0.64%)
PACE 9.70 Decreased By ▼ -0.07 (-0.72%)
PAEL 34.73 Decreased By ▼ -0.51 (-1.45%)
PIBTL 14.23 Decreased By ▼ -0.48 (-3.26%)
PPL 221.00 Decreased By ▼ -0.36 (-0.16%)
PRL 90.89 Decreased By ▼ -0.33 (-0.36%)
PTC 59.25 Increased By ▲ 0.06 (0.1%)
SSGC 23.39 Increased By ▲ 0.09 (0.39%)
TBL 8.65 Decreased By ▼ -0.10 (-1.14%)
TELE 7.40 Decreased By ▼ -0.21 (-2.76%)
TPL 21.00 Decreased By ▼ -1.03 (-4.68%)
TPLP 12.02 Decreased By ▼ -0.54 (-4.3%)
TREET 21.33 Decreased By ▼ -0.40 (-1.84%)
TRG 54.35 Decreased By ▼ -1.44 (-2.58%)
Technology

China's smartphone shipments rebound to pre-pandemic levels in January

  • Huawei's shipments to China fell 44% year-on-year in the fourth quarter of last year, according to data from research firm Canalys.
Published Updated
By

SHANGHAI: China's smartphone shipments nearly doubled in January 2021 versus a year ago, government data published on Tuesday showed, rebounding from a coronavirus-induced slump in the beginning of last year.

Shipments of smartphones within China jumped 94.3% annually to 39.6 million handsets in January, according to the China Academy of Information and Communications (CAICT), a state-backed think tank.

That was up from 20.4 million in January 2020 and higher than the 32.1 million in January 2019, suggesting China's smartphone sector has returned to its pre-pandemic levels.

Supply chain complications and consumer spending marred China's smartphone sector as COVID-19 spread in 2020, but the sector has since bounced back along with a broader economy.

Analysts expect sales in China to largely recover in 2021, but expect US sanctions on Huawei Technologies Co Ltd, once the country's top vendor, to weigh on overall smartphone shipments.

Huawei's shipments to China fell 44% year-on-year in the fourth quarter of last year, according to data from research firm Canalys.

Apple Inc has been the main beneficiary of Huawei's shortages to date, with its sales in China surging upon the release of its latest iPhone 12 series.

Android rivals Xiaomi Corp have also seen sales increase, but analysts say they must ramp up output to offset a fall in the production of Huawei's high-end models.

Comments

Comments are closed for this article.