New reports suggest that smartphone sales in China have fallen for the first time in their second quarter. This report come as a surprise, since China is the world’s biggest market for smartphones.
Sales had dropped by 4 percent making it the first year-over-year fall said Gartner Inc, a market research company.
“China has reached saturation — its phone market is essentially driven by replacement, with fewer first-time buyers,” said Anshul Gupta, research director at Gartner.
They also said that the worldwide smartphones sales grew at the slowest pace since 2013, with China accounting for 30 percent of the total smartphones sales during this second [...]