Mobile Phone Shipments Surge 30.5% YoY in July 2024, Stabilizing Cobalt Tetroxide Prices: CAICT Report

Published: Aug 29, 2024 21:17

Save

[SMM Analysis: Mobile Phone Shipments Increase Year-on-Year, Making Cobalt Tetroxide Prices Difficult to Rise or Fall] According to the analysis report on the domestic mobile phone market operation in July 2024 released by the China Academy of Information and Communications Technology (CAICT), in July 2024, the shipment volume of mobile phones in the domestic market reached 24.204 million units, a year-on-year increase of 30.5%. Among them, 20.654 million units were 5G mobile phones, up 37.2% year-on-year, accounting for 85.3% of the total mobile phone shipments during the same period.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

39 mins ago

CALB Signs 380 MWh Energy Storage Project Deal with Japanese Developer, to Supply 'Zhijiu' ESS Batteries

Recently, CALB announced on its official account that it had completed the signing of an agreement with a Japanese energy storage developer for a project with a scale of 380 MWh. Under the agreement, CALB will deliver its “Zhijiu” series ESS batteries to the Japanese client. This batch of products will be equipped with the company’s independently developed core battery cells, as well as liquid-cooling heat dissipation technology and an intelligent BMS management system, to meet the project’s practical needs for energy storage and dispatch.

39 mins ago

[SMM Analysis] Hydrometallurgy Recycling Market This Week: LFP Black Mass Prices Remained Firm, Ternary Black Mass Prices Were Temporarily Stable, 2026.3.30-2026.4.20

Raw material side, spot lithium carbonate prices began to rise this week, while cobalt sulphate and nickel sulphate prices remained temporarily stable.

39 mins ago

Construction Kicks Off for Shanxi Yiye's 150 MW Standalone ESS Project

Recently, the Shanxi Yiye 150 MW/205 MWh standalone ESS, undertaken by Zhongrun Huarui Construction Co., Ltd., officially commenced construction in Beiwang Town, Fushan County, Linfen City, Shanxi Province. The project adopts the advanced technical route of “flywheel energy storage + LFP battery,” with a total installed capacity of 150 MW, including 50 MW/5 MWh of flywheel ESS installations and 100 MW/200 MWh of lithium battery ESS installations.

39 mins ago