China’s 5G smartphone sales set to reach 140m units in 2020

A customer tests a Huawei smartphone in Guangzhou, Guangdong province on June 26, 2020. [Photo/Sipa]

China’s 5G smartphone shipments are estimated to reach 140 million units in 2020, news outlet Yicai reported on Monday, citing estimate from an analyst at market research company Counterpoint Research.

China’s sales of 5G smartphones in July were close to 14 million units, up 239 percent compared to January, accounting for nearly 50 percent of China’s overall smartphone sales. Globally, shipments of Chinese mobile phone manufacturers increased from 72 percent in the second quarter to 79 percent in July, according to analyst Tang Ding from Counterpoint Research.

The shipment surge of China’s 5G smartphones can be attributed to a number of reasons, including the rapid commercialization of mid- and low-end 5G chips from chipmakers like Qualcomm, MediaTek and Spreadtrum Communications; the high efficiency of new product development by Chinese mobile phone manufacturers and original design

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