Smartphone shipments fell for the first time in 2017
China’s (FXI) smartphone market saw its first annual decline in 2017, according to research firm Canalys. Total shipments declined 4.0% in 2017 to 459.0 million units. In 4Q17, shipments to China fell 14.0%. In 2016, the Chinese smartphone market grew 11.0%.
Despite the decline in the Chinese smartphone market, Chinese tech giant Huawei grew 9.0%, shipping 24.0 million phones and retaining its top spot in the market.
Apple ranks fourth in China
Huawei shipped 90.0 million units in 2017. Although shipments fell 16.0% and 7.0% for Oppo and Vivo, respectively, they retained their second and third spots in the market.
Apple (AAPL) appears to be regaining its momentum in China. The US tech giant overtook Xiaomi to garner fourth place with 13.0 million shipments in 4Q17, thanks to the popularity of its iPhone X.
The saturated Chinese smartphone market has compelled local smartphone makers, which have been relying on local markets, to sell their smartphones abroad. Xiaomi, which entered the Indian (EPI) smartphone market several years ago, overtook Samsung (SSNLF) and claimed the top spot in the country in 4Q17. Oppo and Vivo are also among the top five smartphones in India.