China Oct smartphone shipments up 30.6% y/y, likely driven by iPhone

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SHANGHAI, Nov 24 (Reuters) – Shipments of smartphones inside China rose 30.6% year-on-year to 32.7 million handsets in October, the China Academy of Information and Communications (CAICT) reported late on Tuesday.

The figures comply with a big fall that started within the first half of the yr, with the revival driven by the discharge of the most recent fashions of Apple Inc’s (AAPL.O) iPhone, in response to a analysis agency.

Shipment numbers had been up from about 25 million in October 2020 and 20.8 million in September 2021, in response to the CAICT, a state-backed think-tank.

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Research agency Jefferies acknowledged in a be aware printed late on Tuesday that the surge stemmed from the discharge of the most recent iPhone sequence, in addition to Android gamers preparing for a gross sales surge for the then-upcoming nationwide Singles’ Day gross sales interval.

Apple launched the iPhone 13 in China in September.

Handset manufacturers are at the moment experiencing manufacturing points as a consequence of a world pc chip scarcity.

A mix of things together with demand miscalculation, sudden manufacturing unit shutdowns and U.S.-China tensions have prompted a variety of vehicle firms to report chip sourcing points.

That scarcity has since unfold to many sorts of chips and every kind of {hardware}, together with smartphones.

Delayed upgrades from customers had additionally triggered gross sales to sluggish.

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Reporting by Josh Horwitz; Editing by Muralikumar Anantharaman

People look at smartphones in Huawei's first global flagship store in Shenzhen, Guangdong province, China October 30, 2019. REUTERS/Aly Song/File Photo

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