China's smartphone sales hit ten-year low for YoY 2022

The report also mentions global smartphone market trends, which aren't reassuring either. (Image Courtesy: AFP)

Smartphone sales in China have seen a dramatic decline of 13 percent in 2022, according to a report from IDC. In 2021, Chinese smartphone shipments stood at 329 million units but in 2022, it only managed 286 million.

The report says that this is the country's lowest sales volume since 2013, and the first time in nearly a decade, that smartphone shipments have dropped below 300 million.

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Vivo was the top-selling brand with 18.6 percent of the market, but its shipments fell 25.1 percent year-on-year.

Huawei's sub-brand Honor was the second best selling brand, growing 34.1 percent year-on-year. Apple and Oppo were tied for third place. Apple's market share fell 4.4 percent year-on-year.

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Worker unrest at Foxconn's Zhengzhou plant and the China's COVID-19 restrictions have led to weaker than expected demand. The report says that the quarantine in several cities led to one of the worst performances of the market last year.

The report also mentions global smartphone market trends, which aren't reassuring either. 1.2 billion smartphone units were shipped globally in 2022, which is the lowest volume of sales in a decade. The global market saw a decline of 11 percent year-on-year.