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  • BOE, Tianma, TCL Report Strong Profits In 2021_03/27/22
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Musing-Weekly Newsletter

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China’s July Mobile Phone Shipments Up 11.8% M/M and 28.6% Y/Y
 
July smartphone shipments were the first Y/Y increase seen since March.  July ‘20 was a weak month last year, following a strong rebound in Q220 after the onset of COVID-19.  On a YTD basis, total smartphone shipments in China were 202.82m units, up 15.6% Y/Y.  China’s mobile phone shipments for April through July were down 17.11%.
 
The 5-year average was 47.8% in the 1st half and 52.2% in the 2nd half.  2020 was a bit different, with 49.7% in the 1st half and 50.3% in the 2nd, this year should be closer to the 5 year average indicating 190.2m units for the 2nd half of this year for a total of 364.34m for the full year, up 18.3% Y/Y.  
 
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