analysis- china#39;s smart phone millet recession, foxconn suffer-(分析-中国# 39;s智能手机小米衰退,富士康u2014u2014痛苦).docVIP
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analysis-china
Analysis: China#39;s smart phone millet recession, Foxconn suffer?
(Research papers Download News) The latest data from China highlighted the global giants Apple (Nasdaq: AAPL) sudden decline in the world’s largest smartphone market, as well as China’s domestic rivals millet decline slowed. Meanwhile, in a huge, but highly competitive Chinese market, the first quarter shipments fell 5% are unfavorable omen for each enterprise. Including more and more supply to big brand suppliers, such as contract manufacturer Foxconn (HKEx: 2038), which has just been tremendous pressure on profit warning saying.
There are a lot of comments concerned about competition on Chinese smartphone brand, where the greatest impact is very difficult to profit or loss. But for Foxconn suppliers, the impact is greater. Foxconn millet and Sony (Tokyo: 6758) production of mobile phones, is now facing tremendous pressure, because the number of orders decreased and customer strong demand lower prices.
Let’s start from the latest macroeconomic data, the data show, experienced a growth spurt after a few years, China’s smart phone market in the first quarter fell 5%. The latest data from Strategy Analytics, in the fourth quarter of last year, market research firm IDC data show that China’s smart phone market growth of 8%.
The decline is not surprising and, last year, a lot of people made such a prediction, because the Chinese market is flooded with a large number of domestic companies produced cheap, like smartphones. These companies influx of smart phones, bringing fierce competition for market share, and this area seems to have been the winners and losers in the change.
Winner of the first quarter was clearly the star of domestic Huawei, it announced a 48% sales growth, with nearly 16% market share of the market to consolidate as the largest brand position. Another big winner is the competitor Oppo, its faster growth, of 67%, which makes it beyond apples and millet to 13 percen
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