The China Academy of Information and Communications Technology recently released an analysis report on the operation of the domestic mobile phone market in June 2024. The data shows that in June 2024, the domestic mobile phone market showed strong growth momentum, with total shipments reaching 24.912 million units, an increase from the same period last year. A significant increase of 12.5%. Among them, 5G mobile phones have become the mainstream of the market, with shipments reaching 22.131 million units, a year-on-year growth rate of 27.8%, accounting for 88.8% of the total mobile phone shipments that month, demonstrating the rapid popularity of 5G technology and widespread recognition by consumers. The launch of new models was also active. A total of 26 new mobile phone models were launched that month, a year-on-year increase of 18.2%. What is particularly striking is that new 5G models accounted for 11 of them, with a year-on-year growth rate of 57.1%, accounting for 42.3%, further promoting the prosperity of the 5G mobile phone market.
Review of the domestic mobile phone market in the first half of 20241. Overall shipments
In the first half of 2024, the domestic mobile phone market continued to grow, with total shipments reaching 147 million units, a year-on-year increase of 13.2%.
2. 5G mobile phone performance
5G mobile phone performance is outstanding, with cumulative shipments reaching 124 million units, a year-on-year increase of 21.5%, accounting for 84.4% of total mobile phone shipments in the first half of the year, and deeply penetrating the mobile phone market.
3. New models launched
A total of 205 new models were launched in the first half of the year, a year-on-year increase of 1.0%. Among them, new 5G models accounted for 109 models, a year-on-year increase of 28.2%, accounting for 53.2%, highlighting the important position of 5G technology in the mobile phone industry.
Domestic brand mobile phones lead the marketSmartphones are firmly in the mainstream
Active release of new smartphone models
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