Counterpoint Research: In Q4 2024, China's smartphone shipments are expected to grow by 5% year-on-year, achieving growth for four consecutive quarters
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Counterpoint Research data shows that in Q4 2024, China's smartphone shipments increased by 5% year-on-year and 9% quarter-on-quarter, achieving growth for four consecutive quarters. Vivo ranked first with an 18% market share, followed closely by Apple and Huawei, with market shares of 16.8% and 16.7%, respectively. Xiaomi ranked fourth with a 16% market share. In 2024, China's smartphone shipments are expected to grow by 4% year-on-year, with continued low single-digit growth anticipated in 2025. The national smartphone subsidy program is expected to drive sales growth, especially in Q1 2025
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