China Smartphone Market and payment services in China



China is experiencing a very competitive environment where smartphone market becoming increasingly saturated and driven mostly by replacement users.

 

One can also observe that,  
Apple leads the momentum in the high-end segment. In the >US$500 price band segment, IDC reveals that, Apple dominates strongly at 86%. This is followed by Samsung at 12% and Huawei at 2%.
 
OPPO and vivo are two Chinese vendors that are seeing their shipments pick up largely due to investments made in marketing as well as increasing their distribution channels.

There are no major changes to the various channels in the China smartphone market. It is becoming increasingly harder for vendors to differentiate themselves through hardware. 

Vendors such as Apple, Huawei and most recently, Xiaomi, have launched their payment services in China. It will not be easy for new players to enter the market as WeChat and Alipay currently dominate mobile payments in the country.

LeEco is attempting to get users locked into its ecosystem through subscription to its online video content. 

According to IDC, the ranking changes amongst vendors show that the smartphone market is extremely volatile and consumers generally lack brand loyalty. 

Vendors must constantly be on their feet to think of different ways to engage consumers. There is an opportunity now in the mid-range smartphone market with replacement users seeking to upgrade their phones and vendors should try to tap on that segment of the market,” said Tay Xiaohan, Senior Market Analyst with IDC Asia/Pacific's Client Devices team.