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China Daily / 2020-08 / 01 / Page005

Smartphone market on track for recovery

By MA SI | China Daily | Updated: 2020-08-01 00:00

China's smartphone market is on track for recovery amid a sharp rebound in economic activity, as the country's smartphone shipments posted a 25 percent quarter-on-quarter growth rate to reach over 90 million units from April to June, a new report said.

The recovery came as China is moving from export-driven growth to promoting the integration of the domestic and overseas markets, analysts said.

Market research company Canalys said though the Chinese smartphone market contracted 7 percent year-on-year in the second quarter of this year, it saw a steady recovery from the first quarter.

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