Jefferies expects Android and Huawei smartphones to achieve strong year-over-year growth for the rest of the year, and its industry survey shows that sales of these phones were strong as the “Double 11" shopping festival approaches. “With the arrival of Double 11, our survey shows that, driven by Android and Huawei phones, the year-on-year growth rate of smartphone sales has further accelerated to more than 20%,” the bank's report reads. Huawei continues to lead the year over year growth, followed by Xiaomi and Honor. Industry surveys show that the iPhone's year-on-year decline continues to be in double digits; the iPhone 15 series double 11 discount is larger than last year's 14 series discount.
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Jefferies:中国智能手机销售继续加速增长
Jefferies: Smartphone sales in China continue to accelerate
Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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