Chinese smartphone market growth impacts Japanese component makers via supply chain dynamics

Hello! We are VeinWorks for Industrial Containers.

Today we have some news about the global smartphone market.


According to Newswitch April 26, 2024.

※ Image taken from  Newswitch


Chinese smartphone manufacturers are increasing their presence in the global market, with Huawei, Xiaomi, Transion, and Oppo chasing Apple. Cost-effectiveness seems to be a factor in their growing market share. 


In terms of market share, Samsung Electronics leads with 20.8%, followed by Apple with 17.3%, Xiaomi with 14.1%, Transion with 9.9%, and Oppo with 8.7%.


While Apple remains the leader in the Japanese market, the Chinese market share is also growing, and increased demand for mid- to low-end smartphones could affect Japanese component makers, so attention must be paid.



We hope it will not have a bad influence on Japanese electronic component makers,,

We support Japanese manufacturing business 

VeinWorks, a Global Company of Industrial Container