Number of Chinese smartphone makers to shrink further
Smaller players are falling out of China's smartphone market at an alarming rate, pushed out by a slowdown in the smartphone market and the dominance of major players who benefit from heavier spending on brand awareness and bargaining power with suppliers for better production costs. According to industry insiders, the number of Chinese smartphone brands has shrunk from 500 two years ago to around 100, with further consolidation expected to leave only a handful of large players in the near future. According to data from research firm IDC, the top four sellers last year; Huawei, Xiaomi, Oppo and Vivo, made up over 45% of the domestic smartphone market.

The number of Chinese smartphone brands has dropped from 500 in 2014 to just 100 now, according to industry insiders. Dakele said earlier this week it was suspending its business as it could no longer compete with big-spending brands. Pictured is Dakele’s Big Cola 3. Photo: YouTube