News

Chinese Mobile Market Experiences a “Significant Decline”

Last month it was reported that the Chinese mobile phone market is experiencing an unprecedented “significant decline” given Octobers continuation of lackluster results.

During October, smart phone total shipment numbers reached 28,194,000 which is a decrease of 4.4 percent when compared to last years results. These figures are a further 6.5 percent decline from last month with 2014 providing 312 million smart phone shipments in total – a decline of 10.4 percent year on year.

According to the Ministry of Post and Telecommunications Research Institute of the domestic phone market, the market structure is undergoing a major change – seeing 4G phones become mainstream. Looking at the October results, we’ve noted that 4G mobile phones made for over 80% of total sales, with 3G and 2G models coming in in at similar figures respectively.

Comparing these results to January 2014 however, 3G phones made up for 77% worth of total handset sales, seeing them head in a steady decline every latter month up until today’s date.

Some industry experts have commented their opinions on this decline and market trend change, thinking that it’s due to:

  • The new mobile market has been converted to a ‘replacement market’. Phone upgrades from 2G to 3G were seen as a necessity upon release, but going from 3G to 4G is not something that is seen as totally amazing.
  • Phones are now used for personal applications like instant messaging but business applications are easy to put to use. This removes the need for multiple handsets to be owned by users – one for business and one for leisure.

What do you think about the decline in the market? Has technology reached a point where there is really not that much of a point to upgrade to a Galaxy S5 or iPhone 6? Will your S4 and iPhone 5 (or equivalent) function just fine for years to come? Or is this something we should expect, as users become generally more tech educated and don’t blindly purchase new phone models simply because they’re new.

Image courtesy of The Guardian

Chris Smith

Disqus Comments Loading...

Recent Posts

Assassin’s Creed Boss Calls Shadows’ Inclusivity Backlash ‘Devastating’

The Assassin's Creed Shadows development team has been facing a difficult time amid an ongoing…

6 mins ago

Yoshi-P Says He Would Like a Re-Release of Vagrant Story and Final Fantasy Tactics

More than twenty years after the launch of Vagrant Story, many are still dreaming of…

21 mins ago

Still Wakes the Deep 

LIVE THE HORROR: An immersive disaster story aboard a stunningly realised North Sea oil rig,…

5 hours ago

PHILIPS 275V8LA – 27 Inch QHD Monitor

The Philips VA LED display uses an advanced multi-domain vertical alignment technology that gives you…

5 hours ago

EPOMAKER Ajazz AK820 Pro 75% Gasket-mounted Mechanical Keyboard 

【TFT Screen: The Interactive Interface】This 75% mechanical keyboard comes equipped with a TFT Screen, serving…

5 hours ago

Funko Fusion

FANDOM FUSION Play as your favorite characters and wield their unique weapons and skills. Team…

5 hours ago