Strategy Analytics: China leapfrogs US to become world’s top smartphone market

Nov 23rd 2011
No Comments
respond
trackback

Hello there! If you are new here, you might want to subscribe to the RSS feed for updates on this topic.

Strategy Analytics: China leapfrogs US to become worlds top smartphone market

The winds of tech consumerism are changing course. More specifically, they’re heading east . Consistent with the most recent Q3 figures from Strategy Analytics , China is now the world’s largest smartphone market by volume, overtaking the u. s. for the 1st time. In line with the research firm, smartphone shipments in China reached a record high of 23.9 million units throughout the third quarter of this year, up 58 percent from Q2. Compare that with america, which saw shipments decline by seven percent over the quarter, to 23.3 million units. The Boston-based firm attributed much of China’s growth to a spike in cheaper, Android-based handsets from companies like ZTE, in addition to a flowering of subsidized higher-end models, just like the iPhone. Nokia leads the best way in the People’s Republic, accounting for 28 percent of all quarterly shipments, followed by Samsung, with an 18 percent share. Find more quotes and charts inside the press release after the break, or hit up the source link below for the complete report.

Show full PR text

Strategy Analytics: China Overtakes Usa as World’s Largest Smartphone Market in Q3 2011

BOSTON, Nov 23, 2011 (BUSINESS WIRE) — In keeping with the most recent research from Strategy Analytics, smartphone shipments reached a record 24 million units in China in the course of the third quarter of 2011. Smartphone shipments reached just 23 million units within the United states of america. China has overtaken the u. s. for the primary time to become the world’s largest smartphone market by volume.

Linda Sui, Analyst at Strategy Analytics, said, “Smartphone shipments grew 58 percent sequentially to achieve a record 23.9 million units in China during Q3 2011. Against this, smartphone shipments fell 7 percent sequentially to succeed in 23.3 million units within the Usa. China has overtaken the us for the primary time to become the world’s largest smartphone market by volume.”

Tom Kang, Director at Strategy Analytics, added, “China’s rapid growth was driven by an increasing availability of smartphones in retail channels, aggressive subsidizing by operators of high-end models just like the Apple iPhone, and an emerging wave of low-cost Android models from local Chinese brands equivalent to ZTE. Nokia currently leads China’s smartphone market with 28 percent share, while HTC heads the u. s. smartphone market with 24 percent share.”

Neil Mawston, Executive Director at Strategy Analytics, added, “The u. s. remains the world’s largest smartphone market by revenue, but China has overtaken the usa relating to volume. China is now on the forefront of the global mobile computing boom. China has become a huge and growing smartphone market that no hardware vendor, component maker or content developer can afford to disregard.”

Source