Digitimes Research: China vendors to see 11% growth in …

Smartphone shipments, including exports, by China-based vendors are expected to reach 199.1 million units in the fourth quarter of 2017, up 11.1% from the 179.2 million units shipped a quarter earlier, according to an estimate of Digitimes Research.

Rising replenishment demand in the domestic market combined with peak-season effects in overseas markets will work together to ramp up China’s smartphone shipments in the fourth quarter, said Digitimes Research.

Third-quarter shipments of 179.2 million smartphones by China’s vendor were up 20.8% from the previous but down 0.4% from a year earlier. Huawei was the top China-based vendor in the quarter with shipments totaling 40 million units, followed by Xiaomi Technology with 23 million units. The other top-five vendors in the third quarter were: Oppo, Vivo and Lenovo.

While China’s smartphone shipments will continue growing in the fourth quarter, the quarterly growth rate is drifting downward due to a high comparison base recorded a quarter earlier.

Categories: Mobile + telecom Mobile devices

Tags: China China market China smartphone DIGITIMES Digitimes Research Huawei Lenovo shipments smartphone Xiaomi

Topics: Huawei

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