Smartphone Sales Began Picking Up After Week 16, Market Set to Rise During the 618 Shopping Festival

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Smartphone Sales Began Picking Up After Week 16, Market Set to Rise During the 618 Shopping Festival

May 28, 2024

Smartphone sales plummeted to a year-to-date low in Week 15, but began rising from Week 16 onwards. Week 18 saw a significant 30% WoW and 18% YoY growth.

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Author

Alicia Gong

Alicia Gong is a Research Analyst who is tracking smartphone and ecosystem devices at Counterpoint Research. Prior to joining Counterpoint Research, She served at ChinaVenture and Copal Partners.

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Ivan Lam

Ivan is a Senior Research Analyst at Counterpoint Research, based in Hong Kong. Ivan has more than 10 years of experience with a major focus on mobile and network devices. He had spent years in southeast Asia markets associated with business development, brand management, and channel management. Besides the expertise in Southeast Asia, he’s also well connected with ODM and OEM sectors. Prior to joining Counterpoint Research, Ivan served TCL Communications, KaiOS Technology Inc., Wiko Mobile, mainly leading business development, Go-to-Market, and strategic planning. Ivan holds a Master's degree in Business Administration from Hong Kong University of Science and Technology.