Rejoice! China's smartphone market drops 10% as 5G purchases surge
- Reference: 1596781750
- News link: https://www.theregister.co.uk/2020/08/07/chinese_q2_smartphone_shipments/
- Source link:
87.8 million smartphones shipped in China during the period with Huawei way out in front with 45 per cent market share and 39.7 million shipments. vivo (15m shipped), OPPO (14.1m), Xiaomi (9.1m) and Apple (7.3m) round out the top five vendors.
Only Apple and Huawei posted year-on-year-growth.
IDC reckons the result is actually pretty good news because shipments for the first quarter of the year saw a 20.3 per cent year-on-year decline.
"China was slowly recovering in the second quarter while other regions were fighting against the COVID-19 pandemic," said IDC's Asia/Pacific research manager for client devices, Will Wong. "This in turn allowed the Chinese vendors to expand their 5G product portfolio in their home market."
The firm has also found an emerging sweet spot for mid-range 5G phones priced below $290, which should further accelerate adoption of the new standard which already accounted for almost half of shipped phones in Q2 2020.
Smartphone upgrades are generally seen as discretionary purchases so a smaller fall in sales may be a sign that consumers in China are opening their wallets despite the pandemic-induced economic downturn. IDC said "consumer sentiment was a challenge". But apparently much less of a challenge than during Q1. And the firm didn't mention any supply chain hassles in its summary of the market that would suggest that as a reason for suppressed shipments. ®
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Re: Well, good on them
After swine and bird flu, there is an obvious goal here. In the USA as well as in other countries, the redistribution from bottom to top is obvious. The banks would have collapsed again. Could they have justified the allocation of taxpayers' money this time? Probably not. Covid-19 saves the day. Volkswagen has, since their (ongoing) scandal, only brought out success stories. The only way to do this is by selling cars to companies at a low price. This only works until this segment is saturated, then what follows is a deep hole. And now? Oh miracles! VW gets tax money again - because of Covid-19...
This is one of the cities in Germany that has been hit hardest by Covid-19. Almost three-quarters of the elderly people died in a nearby nursing home. Covid-19, of course! The relatives have contacted the public prosecutor's office and the nursing staff has been piercing information to the press. According to this, the nursing and cleaning staff from Eastern Europe left in a flash after the upcoming border closures became public. People have been dying in their own shit. The corridors were full of excrement and vomit. However, since a lot of money is made with this and the "string-pullers" are big dogs, they will probably stay with Covid-19 as the guilty party. This is all much easier and more profitable than the truth. It was similar in Italy (Bergamo) and what happens in the USA can admired here:
https://www.youtube.com/watch?v=UIDsKdeFOmQ
Editor, you now have to pull your article from rotation. ;-)
Rejoice?
Is this another celebration of win-lose by people who can't see past the end of their nose?
As another example of how great that philosophy is, Trump has just enacted law that will cripple the US video games industry.
But hey, as Bush said, you're either with us or against. Let us know how that works out for you...
Well, good on them
Glad someone got COVID under control. I have a hard time believing official case numbers from China. Or my own govt for that matter. But economic numbers across multiple firms gives one hope.
Meanwhile, in the land of the free, my wife gets yelled at for WEARING a mask to the market...