China Hardware_ China Smartphone Dec-24_FY24 Sell-in Shipments +20.8%_+6.5% YoY
2025-02-18 05:16
Flash | 14 Feb 2025 07:20:25 ET │ 9 pages China Hardware China Smartphone Dec-24/FY24 Sell-in Shipments +20.8%/+6.5% YoY CITI'S TAKE According to CAICT, China smartphone sell-in shipments surged 20.8% YoY to 32.4mn units in Dec-24, bringing full-year 2024/4Q24 shipments to 294mn/88.5mn units, +6.5%/ +4.3% YoY, respectively. Overall Dec sell-in shipments sequentially improved by +15% MoM (Nov-24: +1.1% MoM). Overall FY24 sell-out shipment was about 274mn units(+1%YoY), suggesting some inventories build by en ...