China’s mobile phone shipments surge in May

Author: APP

China’s mobile phone shipments climbed 25.2 percent year on year to 26.037 million in May, according to the China Academy of Information and Communications Technology (CAICT).

Cellphones enabling 5G services took the lion’s share of May’s shipments with 20.17 million units, a 13.7-percent year-on-year expansion, said the CAICT, a research institute under the Ministry of Industry and Information Technology. In the first five months, total cellphone shipments edged down 0.7 percent year on year to 108 million units, the data showed. Domestic brands continued to dominate China’s mobile phone market in May, with shipments topping 22.43 million units, or 86.2 percent of May’s total. China’s index of export container transport fell in the week ending on June 30, according to the Shanghai Shipping Exchange.

The average China Containerized Freight Index (CCFI) went down 2.6 percent from the previous week to 895.72, the shipping exchange said. Bucking the trend, the sub-index for the Australia/New Zealand service registered an increase of 1.6 percent week on week. The CCFI tracks spot and contractual freight rates from Chinese container ports for 12 shipping routes across the globe based on data from 22 international carriers. The index was set at 1,000 on Jan. 1, 1998.

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