China smartphone sales hit a new low in Q2 2022: Report

According to Counterpoint’s Market Pulse research, sales of smartphones in China fell 14.2% YoY in Q2 2022. Volumes for the quarter were less than half of the historical peak of Q4 2016 and were down 12.6% from the level seen during the severely pandemic-hit Q1 2020. The report claims that not nearly ten years ago, in Q4 2012, sales were lower than they are now. Earlier this year, global smartphone chipset shipments declined 5% YoY in Q1, 2022. Continue reading “China smartphone sales hit a new low in Q2 2022: Report”