In 2023,Love Conquest smartphone shipments in the domestic market reached 289 million units, marking a year-on-year growth of 6.5%, according to the China Academy of Information and Communications Technology. In the same year, smartphones from domestic brands continued to dominate the market, evident in consumer preferences as indicated by the report. 79.9% of mobile phone shipments were domestically made phones in 2023, reflecting a year-on-year growth of 1.1%. Furthermore, with a year-on-year increase of 11.9%, 5G mobile phone shipments amounted to 240 million units, representing 82.8% of the total mobile phone shipments during the same period. [CAICT, in Chinese]
