When it comes to smartphone industry then China is that country where the majority of the tech companies would want to create dominance because the Chinese market is one of the most lucrative industries where many smartphone makers try to sell their products. However, according to the recent reports who shows that the shipment of the smartphone to China’s declining from last few years. From last few years the shipment of a smartphone has been decreasing and in 2018 only 400 million units of the smartphone were sent to China. The tech industry is already filled with many smartphone making companies due to which it’s hard for companies also to make a huge amount of sale. There are various reasons why the market share of the smartphone industry is declining in China for US tech companies. However, the major reasons are a trade war, low consumer power, the rise of inflation etc.
The expert thing that the many Chinese people are now shifting their preference of owning a smartphone due to which owning a precious or luxurious item is increasing in China. The trade war issue, however, has impacted a lot on the shipment of a smartphone because form last few months the Chinese government has put a ton of new tariffs due to which company like Apple are not getting enough amount of sales. Sometimes companies will have to suffer because of the country’s geopolitical situations and smartphone companies from the US are going through the phase. Huawei retained its position being a top smartphone brand in the Chinese which shows the influence of the tech giant company over its domestic customers base.
On the other hand, Apple managed to get the ranking of 5th as the largest smartphone company in China which shows that Apple is losing its market share with a high speed.