Canalys published its latest report on smartphone sales in China regarding the final quarter of 2022 and the full calendar year. The results are bleak, as the market saw a 14% decline in overall shipments, dipping below 300 million units for the first time since 2013.
During Q4, Apple was the top maker with a 22% market share, although shipments declined 24%.
The significance of the Chinese market is enormous for makers, as it is the biggest in the world – about 25% of all smartphones globally are sold the Asian country. Canalys reveals most vendors have been dealing with inventory…
