26 Jan '15, 9am
China smartphone supply chains estimate demand to pick up in March
China smartphone supply chains estimate demand to pick up in March Siu Han, Taipei; Alex Wolfgram, DIGITIMES [Monday 26 January 2015] China smartphone supply chain makers estimate they will begin shipments for new devices following the Lunar New Year period as local handset vendors remain concerned over clearing out inventories through the early part of first-quarter 2015. Smartphone shipments were lower-than-expected in the China market during the second half of 2014, which many makers attribute to lagging 4G development and a lack of smartphone subsidies from local telecom providers in China. This led to a pile up in inventory, which vendors are now trying to tackle throughout the 2015 Lunar New Year period when sales are expected to get a boost. Supply chain makers are optimistic, however, that shipments will pick up by March, and estimate that most handset replacement ...