The Chinese smartphone market isn’t necessarily in a bad shape, but it has been declining for a while. Since Q3 2017, the numbers have been going down, which makes it as the first market in the world to have such correction. In Q2 2018, the local shipments went down 7% YoY but grew a little compared to the last quarter of this year.
Interestingly enough, Huawei is the only brand in the top 5 in China to achieve growth. The nice 22% year-over-year boost brought its market share from 20% in Q2 2017 to 26% in Q2 2018. In contrast, the rest of the smartphone manufacturers have either lost…