China market: Handset sales up over 11% in March, CCID says
Sales of handsets in the China market grew 11.6% sequentially to 13.04 million units in March, according to data released recently by China-based market research firm CCID Consulting.
In particular, sales of CDMA handsets went up 110.4% to 2.67 million units in March and took up a 20.5% share of China's entire handset market, compared to just 10.9% in the previous month, CCID said.
The gains in the CDMA segment have driven up the market shares of the two leading China-based CDMA handset vendors, ZTE and Huawei Technologies, CCID noted.
ZTE saw its market share expand from 1.7% in February to 4.4% in March, making it the fifth largest handset vendor in the China market, whereas Huawei saw its share grow from 1.4% to 3.2%, helping the company grab seventh place, CCID said.
LG Electronics (LGE) also managed to improve its market share in March thanks to increased sales of CDMA models, CCID added.
In particular, sales of CDMA handsets went up 110.4% to 2.67 million units in March and took up a 20.5% share of China's entire handset market, compared to just 10.9% in the previous month, CCID said.
The gains in the CDMA segment have driven up the market shares of the two leading China-based CDMA handset vendors, ZTE and Huawei Technologies, CCID noted.
ZTE saw its market share expand from 1.7% in February to 4.4% in March, making it the fifth largest handset vendor in the China market, whereas Huawei saw its share grow from 1.4% to 3.2%, helping the company grab seventh place, CCID said.
LG Electronics (LGE) also managed to improve its market share in March thanks to increased sales of CDMA models, CCID added.
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