CHART: China's Premium Smartphone Market Grew in 2022
Despite China's smartphone shipments hitting their lowest point in almost 10 years, the wholesale average selling price of smartphones in China has consistently risen since 2014, reaching $385 in 2022, as per the data provided by Counterpoint research.
Smartphone shipments witnessed a 41.5% decline compared to the peak sales year of 2016, however, smartphone sales revenue only experienced an 11.7% decrease during the same period, driven by the smartphone average selling price (ASP) that has continued to trend upward since 2014.
This Techloy chart shows smartphone shipments and average selling prices for the past ten years, based on data from Counterpoint.
This post is for subscribers only
Sign up to read the post and as well as all other member only posts. Subscribing only takes a few seconds and will give you immediate access.
Already have an account? Log in
Get unlimited access to tech news and data delivered to your inbox weekly.
You've successfully subscribed to Techloy
Great! Next, complete checkout to get full access to all premium content.
Welcome back! You've successfully signed in.
Success! Your account is fully activated, you now have access to all content.
Error! Stripe checkout failed.
Success! Your billing info is updated.
Error! Billing info update failed.