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China expects smartphone shipments to increase by 2020

UNITED STATES (OBSERVATORY NEWS) — Global market intelligence company International Data Corporation (IDC) said China’s shipments of smartphones will increase next year.

According to IDC, these shipments will increase by 0.7 percent compared to last year, following the launch of smartphones with the 5G network, enabling consumers to switch models. Before 2021, one in 5 mobile phones will be connected to the 5G network.

It is expected that next year, the price of over 20 percent of 5G handsets will drop below 2,000 yuan.

According to IDC, shipments of 5G smartphones to China totaled over 480,000 units in the third quarter of this year, most of which are priced at over US $ 700. / Retrieved from CRI

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