Competition in the Chinese smartphone market – the worlds largest – increases amid signs of maturity and declining shipments.
China alone accounts for around 30% of global smartphone sales, but for the first time the market shrank in 2017. A trend which is expected to continue in 2018.
While the Chinese market turbulent due to its size and value, this trend is concerning for many smartphone makers who are experiencing falling shipments and forcing them to seek alternative markets for growth.
Huawei took the dominant position in China for the first time in 2017, well above global industry leaders like Samsung and Apple who’s sales in China have also fallen drastically in recent years. Boosted by its inexpensive devises and growing global shipments, Huawei now seeks to become the global industry leader.
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