Smartphone shipments in China in October increase 30.6% year-on-year, likely driven by iPhone

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

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SHANGHAI, Nov.24 (Reuters) – Smartphone shipments in China increased 30.6% year-on-year to 32.7 million handsets in October, the Chinese Academy of Information and Communications reported Tuesday evening. (CAICT).

The numbers follow a sharp drop that began in the first half of the year, with the revival driven by the release of the latest iPhone models from Apple Inc (AAPL.O), according to a research firm.

The number of shipments has grown from around 25 million in October 2020 to 20.8 million in September 2021, according to CAICT, a state-backed think tank.

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Research firm Jefferies said in a note released Tuesday night that the increase was a result of the release of the latest iPhone series, as well as Android gamers bracing for increased sales for the next sales period at the time. nationwide Singles Day.

Apple launched the iPhone 13 in China in September.

Handset brands are currently experiencing production issues due to a global shortage of computer chips.

A combination of factors, including a miscalculation of demand, unexpected plant closings and U.S.-China tensions, has prompted a number of automakers to report chip supply issues.

This shortage has since spread to many types of chips and all kinds of hardware, including smartphones.

Delayed consumer upgrades have also resulted in slower sales.

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Reporting by Josh Horwitz; Editing by Muralikumar Anantharaman

Our Standards: Thomson Reuters Trust Principles.

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