China smartphone Q1 surge


LG produced 13.5 million smartphones in 1Q18, over 50% of which were shipped to North America, its largest market.

Sony produced only about 2.2 million smartphones in the first quarter.

 Nokia produced about about 4.3 million units , and is estimated to grow by 16% in 2Q18.

Huawei’s production volume increased by 10% YoY in 1Q18, and may grow by 8% QoQ in the second quarter due to the sales of flagship models.

Xiaomi registered 27 million units in smartphone production for 1Q18.

OPPO and Vivo saw unit volumes increase 10% and 2% QoQ respectively in 1Q18 and are expected to ship  33 million units and 29 million units respectively in 2Q18.


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