China smartphone shipments continue decline in third quarter as former Huawei mobile brand Honor reclaims top vendor ranking
- Third-quarter smartphone shipments on the mainland fell 5 per cent year on year to 66.7 million units, according to data from research firm Canalys
- Honor reclaimed the top smartphone vendor spot in the market last quarter with an 18 per cent share and total shipments of 11.8 million units
Third-quarter smartphone shipments on the mainland fell 5 per cent year on year to 66.7 million units, according to a report on Thursday by tech market research firm Canalys. That compares to a 1 per cent decline in global smartphone shipments during the same period, as estimated by Canalys in a separate report last week.
Honor reclaimed the top smartphone vendor spot in mainland China last quarter with an 18 per cent market share and total shipments of 11.8 million units. That comes more than a year since Honor last led the market in the first quarter of 2022, with a 20 per cent share and total shipments of 15 million.
Analysts attributed Honor’s ascent to the top of China’s smartphone vendor rankings to its diverse portfolio of handsets, bricks-and-mortar retail expansion through partners, and release of competitively-priced new models.
