Chinese smartphone accounted for over 70% of total in Russia in first half of year
Chinese smartphone accounted for over 70% of total in Russia in first half of year

Chinese smartphone accounted for over 70% of total in Russia in first half of year

 

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Chinese smartphones accounted for more than 70% of the total sold in the Russian market in the first half of 2023, compared to about 55% last year, said the country’s leading consumer electronics retailer M.Video-Eldorado.

“Brands from China systematically continue to strengthen their presence,” M.Video said in a statement on Tuesday, adding that flagship models and foldable smartphones from Chinese brands were seeing particular demand. Eight out of the 10 best-selling smartphones in Russia in the first six months of this year were Chinese, he said.

Overall demand for smartphones in Russia is up 17% from the same period last year, with almost 13 million products sold.