China’s smartphone market sees growth in 2024, 5G devices dominate shipments

On November 27, data from the China Academy of Information and Communications Technology (CAICT) revealed that in October 2024, domestic smartphone shipments reached 29.67 million units, a year-on-year increase of 1.8%. Among these, 5G smartphones accounted for 26.72 million units, up 1.1% year-on-year, representing 90.1% of total shipments for the month.

From January to October 2024, total domestic smartphone shipments reached 250 million units, marking an 8.9% year-on-year growth. Of these, 5G smartphones accounted for 214 million units, a 13.6% increase year-on-year, making up 85.5% of total shipments during the period.