Retail in Asia

In Sectors

Chinese brands take 40pc of global phone sales

Chinese brands accounted for 40 percent of global smartphone sales in 2015 and took seven spots in the top-10 list of vendors, a research firm said on Monday.

The global smartphone sales reached 1.29 billion units last year, up 10.3 percent year on year, according to TrendForce, a Taiwan-based research company.

Chinese brands sold 539 million units, or 40 percent of the total sales, in 2015. The figure is expected to hit 45 percent this year.