China’s smartphone industry is likely to pick up in the second quarter of next year as domestic demand gradually recovers and companies scramble to adjust their strategies to attract consumers, experts said.
Their comments come as market research company Counterpoint Research expects the global smartphone market to see 2 percent year-on-year growth in 2023.
Xiang Ligang, director-general of the Information Consumption Alliance, a telecom industry association, said that amid the broader background of China’s efforts to boost consumption and the optimization of COVID-19 prevention measures, consumer demand for electronics such as smartphones will gradually recover.
Zhang Qi, an analyst at Counterpoint Research, said: “Looking at the overall smartphone market, we believe that it is…
