Smartphone sales in China saw the largest year-on-year decline ever in the first quarter of the year, according to Hong Kong-based research firm Counterpoint. Huawei was the only major smartphone vendor to achieve positive year-on-year growth, with sales dragged down by the coronavirus pandemic. — SCMP
China’s smartphone sales plummeted 22% in the first quarter of 2020 – the largest year-on-year decline tracked – compared to the same period last year, and Huawei Technologies was the only major player to come off better despite the coronavirus pandemic, according to a report by Hong Kong-based research firm Counterpoint.
Shenzhen-based Huawei saw smartphone sales grow 6% year-on-year in the quarter ended March 31, making it the only major smartphone maker in the market to achieve positive growth during the first quarter when compared to the same period last year, said Counterpoint in the report on Wednesday.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
