China’s smart home device shipments rise in 2021

Author: APP

ISLAMABAD: China’s shipments of smart home devices saw steady year-on-year expansion in 2021, according to an industrial report.

Makers of smart home devices in the country shipped over 220 million units during the period, up 9.2 percent year on year, said global market research firm International Data Corporation (IDC). In the fourth quarter of 2021, China shipped around 63.4 million smart home devices, up 4.1 percent year on year, IDC data showed.

The corporation predicted that shipments of smart home devices in China will surge 17.1 percent to over 260 million units this year, Xinhua reported. The IDC, founded in 1964, is a global provider of market intelligence, advisory services, and events in information technology, telecommunications, and consumer technology markets.

Share
Leave a Comment

Recent Posts

  • Business

Cotton arrival in Pakistan slumps sharply in December 2024

Cotton arrival in Pakistan registered a significant decline of 33% as of December 31, 2024,…

9 hours ago
  • Business

PSX stays bullish, gains 545 more points

The 100-Index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Wednesday, gaining…

9 hours ago
  • Business

Rupee gains 8 paisa against dollar

Pakistani rupee on Friday appreciated by 8 paisa against the US dollar in the interbank…

9 hours ago
  • Business

Gold rates increase by Rs.2,200 per tola

The price of 24 karat per tola gold increased by Rs.2,200 and was traded at…

9 hours ago
  • Business

CDNS achieves Rs 700 bln savings target

The Central Directorate of National Savings (CDNS) has realized a target of Rs 700 billion…

9 hours ago
  • Business

Panel of experts to scrutinize quality of imported wheat

KP Minister for Food Zahir Toru has said that the provincial government has constituted a…

9 hours ago