[SMM Tin News Flash: Report: China's Smartphone Sales During 2026 Labour Day Holiday Fell 16% YoY]
According to Counterpoint Research's China Smartphone Weekly Sales Tracker, China's smartphone sales declined 16% YoY during the two weeks around the Labour Day holiday in 2026 (covering Week 18 and Week 19). The primary reason was that rising memory prices pushed up smartphone selling prices, which in turn suppressed consumers' demand for device upgrades. In addition, sales promotions during this year's Labour Day holiday were weaker than in previous years, as OEM producers placed greater emphasis on profitability rather than simply pursuing sales.