The Chinese smartphone market grew by 6.5% in Q1,2024 thanks to robust demand for Huawei and Honor devices. The IDC quarterly mobile phone tracker shows an estimated total of 69.3 million smartphones were shipped in the first three months of the year, led by Honor and Huawei. The two companies are neck and neck for the leading position with each controlling a 17% share of the market.
Huawei’s market share growth is impressive with a 110% rise compared to Q1 2023. The drive was pushed by the New Lunar Year shopping spree in the low and midrange segments and the AI buzz in the premium…
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