Chinese smartphone market to mature, annual growth expected to slow down by 2015
We already informed you that another research predicts that some 400 million smartphones will be sold in China in 2014. Of course, the majority of these to-be-sold devices will be mostly mid- and low-end smartphones, manufactured locally. OEMs like Huawei, Lenovo, ZTE, Xioami, and Oppo are expected to dominate the Chinese market in 2014 and in the beginning of 2015.
However, underdeveloped smartphone markets in the region, such as India, Indonesia, and the Philippines are expected to grow significantly in the upcoming years. Let's take India as an example - only 10% of the mobile phone users there use smartphones, which is a big opportunity for the smartphone manufacturers to penetrate the local market. For example, Apple seized this opportunity for market expansion in India by relaunching the iPhone 4.
source: The Wall Street Journal