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China Oct smartphone shipments up 30.6% y/y, likely driven by iPhone

China Oct smartphone shipments up 30.6% y/y, likely driven by iPhone
China Oct smartphone shipments up 30.6% y/y, likely driven by iPhone   -   Copyright  Thomson Reuters 2021   -  
By Reuters

<div> <p><span class="caps">SHANGHAI</span> – Shipments of smartphones within China rose 30.6% year-on-year to 32.7 million handsets in October, the China Academy of Information and Communications (<span class="caps">CAICT</span>) reported late on Tuesday.</p> <p>The figures follow a large fall that began in the first half of the year, with the revival driven by the release of the latest models of Apple Inc’s iPhone, according to a research firm.</p> <p>Shipment numbers were up from about 25 million in October 2020 and 20.8 million in September 2021, according to the <span class="caps">CAICT</span>, a state-backed think-tank.</p> <p>Research firm Jefferies stated in a note published late on Tuesday that the surge stemmed from the release of the latest iPhone series, as well as Android players getting ready for a sales surge for the then-upcoming nationwide Singles’ Day sales period.</p> <p>Apple launched the iPhone 13 in China in September.</p> <p>Handset brands are currently experiencing production issuesdue to a global computer chip shortage.</p> <p>A combination of factors including demand miscalculation,unexpected factory shutdowns and U.S.-China tensions haveprompted a number of automobile companies to report chipsourcing issues.</p> <p>That shortage has since spread to many types of chips andall kinds of hardware, including smartphones. </p> <p>Delayed upgrades from consumers had also caused sales toslow.</p> <p/> </div>