Telecommunications Research Institute of the Ministry of Industry and Information Technology recently released a report on the domestic phone shipments in China and it does not look too good for the smartphone market. In the period from January-September 2018, the domestic mobile phone market shipped 305 million units, down 17% year on year. September 2018 saw 91 new model launches, down 26.0% year-on-year and 65.5% quarter-on-quarter. 18 models of 2G phones, 1 model of 3G phones and 72 models of 4G mobile phones saw their release in that month.
Reports also stated that in the period of January to September 2018, 2G mobile phone shipments were 16.762 million units, down 19.7% [...]