Counterpoint: Smartphone sales in China slump during first months of 2026

Smartphone sales in China took a slight hit in the first two months of 2026 as shipments fell by 4% compared to the same period last year. According to Counterpoint Research’s China Weekly Smartphone Sell-Out Tracker, demand for new smartphones in China was lower than anticipated despite a new wave of government subsidies and promotions during the Lunar New Year.

Chinese brands saw some traction in February during the Lunar New Year holiday period, which was a minor improvement in shipments compared to the values for January. With rising memory prices and OEMs like vivo and Oppo…