Counterpoint Research reported that shipments of 5G smartphones increased in the second quarter of 2020, accounting for 10% of global smartphone shipments. At the same time, the revenue from sales of smartphones with 5G support amounted to 20% of the global revenue from all smartphones.
Among them, China is the largest contributor to the sales of 5G smartphones. It is reported that 72% of the global revenue from sales of smartphones with support for 5G is in China. Most of them come from 5G smartphones released by Huawei. In addition, the average selling price in the Chinese smartphone market has also increased by 12% compared to last year.
According to the report, Asia Pacific, China, Europe, Middle East and Africa, North America and other regions provided 10% of the total growth rate of the average sales price in the second quarter of 2020. However, Latin America is the only region where average selling prices fell by 5% year-on-year.
The report also shows that in the second quarter of 2020, the average selling price in the global smartphone market increased by 10% compared to the same period last year. Except Latin America, the average selling prices have increased in all regions. This is due to the fact that many 5G phones sold well in the second quarter.
At the same time, smartphone shipments fell 23% year on year, reaching a record low. Although shipments of most smartphone OEMs declined in the second quarter of 2020, Apple’s shipments increased 3% year-on-year and revenue from the iPhone increased 2% year-on-year. However, Apple still has no smartphones with support for 5G.