China has taken over the United States in the world’s smartphone market based on volume, although U.S. still leads in terms of revenue, as a market research company said on Wednesday.
Strategy Analytics says that the smartphone shipments reached 24 million units in China during the third quarter this year compared to 23 million units in the United States.
Neil Mawston the executive director of Strategy Analytics said that, United States is still the world’s largest market smartphones based on revenue, but China has taken over the United States in terms of volume.
Tom Kang, the Strategy Analytics’s director also added that China’s rapid growth has been driven by the increased of smartphone’s availability in the retail channel, aggressive subsidies by the operator for high-end models like Apple iPhone, and the emergence of a wave of cheap Android model from Chinese local brands.
Finland’s Nokia leads the China’s smartphone market with a share of 28 percent while Taiwan’s HTC lead the U.S. smartphone market with a share of 24 percent, according to Strategy Analytics.