Chinese brands take over 70% of the Russian smartphone market
- April 18, 2023
- 0
Sales of Chinese smartphones in Russia exceeded 70% of the Russian market in the first quarter, compared to about 50% last year. As reported by Ukrinform, this was
Sales of Chinese smartphones in Russia exceeded 70% of the Russian market in the first quarter, compared to about 50% last year. As reported by Ukrinform, this was
As reported by Ukrinform, this was reported by Reuters with reference to data from Russian electronics vendors.
A sharp increase in the popularity of Chinese smartphones in Russia occurred after Samsung and Apple reduced their sales in the Russian Federation due to the invasion of Ukraine, and now Chinese manufacturers Xiaomi and Realme take the top two positions in the market, while Apple and Samsung in 2022 dropped to third and fourth, first and third place, respectively.
Moscow is becoming more and more dependent on Beijing, sharply increasing the use of yuan in international trade, critically increasing the supply of energy resources to the PRC, and rapidly increasing sales of Chinese products due to the exit of Western companies and brands from Russia.
According to Russian retailers, the demand for brands smart phones Quantitatively, they increased their total market share by over 70% by increasing 42% compared to the previous year.
Russia is trying to abandon Western technology and ban authorities from using Western devices, including iPhones, believing they are vulnerable to Western intelligence services and could be used to spy on Russians.
At the same time, the Kremlin de facto legalized the smuggling of Western goods and allowed Russian companies to procure certain products, including smartphones, without the licensee’s consent under the so-called “parallel imports”.
President of the Russian Federation Vladimir Putin, according to the news of Ukrinform; China’s State Council member met with Defense Minister Li ShangfuBeing in Russia for a visit, he praised the cooperation “in line with the military departments” between the Russian Federation and China.
Source: Ukrinform
As an experienced journalist and author, Mary has been reporting on the latest news and trends for over 5 years. With a passion for uncovering the stories behind the headlines, Mary has earned a reputation as a trusted voice in the world of journalism. Her writing style is insightful, engaging and thought-provoking, as she takes a deep dive into the most pressing issues of our time.